PPP Loan information for Varsity news network inc

$725,555

Varsity news network inc was initially approved for PPP Loan of amount $725,555, the current approved amount is $725,555. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 58 jobs and $725,555 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

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VARSITY NEWS NETWORK INC

Borrower Address

678 Front Ave NW Ste 300 678 Front Ave Nw Ste 300

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49504-5323

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

725555.00

Current Approval Amount

725555.00

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

N

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

58

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

725553.00

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

729364.16

Forgiveness Date

09/22/2021

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