PPP Loan information for Varsity development llc

$16,500

Varsity development llc was initially approved for PPP Loan of amount $16,500, the current approved amount is $16,500. The loan was approved on 04/08/2020 by The Manufacturers and Traders Trust Company reported 1 jobs and $16,500 was used to fund payroll.

Varsity development llc is New Business or 2 years or less

PPP Loan Search / ME / CUMBERLAND CENTER / Varsity development llc

VARSITY DEVELOPMENT LLC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VARSITY DEVELOPMENT LLC

Borrower Address

6 BROOKSIDE DR

Borrower City

CUMBERLAND CENTER

Borrower State

ME

Borrower Zip

04021-4057

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16500.00

Current Approval Amount

16500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CUMBERLAND CENTER

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04021-4057

CD

ME-01

Jobs Reported

1

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16617.53

Forgiveness Date

01/11/2021

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