PPP Loan information for Varsity news network inc

$797,900

Varsity news network inc was initially approved for PPP Loan of amount $797,900, the current approved amount is $797,900. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 78 jobs and $797,900 was used to fund payroll.

Varsity news network inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Varsity news network inc

VARSITY NEWS NETWORK INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VARSITY NEWS NETWORK INC

Borrower Address

678 FRONT AVE NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-5323

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

797900.00

Current Approval Amount

797900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-5323

CD

MI-03

Jobs Reported

78

NAICS Code

519130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

797900.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

803884.25

Forgiveness Date

01/25/2021

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