PPP Loan information for Varsity restaurants l.l.c.

$720,895

Varsity restaurants l.l.c. was initially approved for PPP Loan of amount $720,895, the current approved amount is $720,895. The loan was approved on 02/04/2021 by The First Horizon Bank reported 119 jobs and $720,895 was used to fund payroll.

Varsity restaurants l.l.c. is Existing or more than 2 years old

PPP Loan Search / LA / Baton Rouge / Varsity restaurants l.l.c.

VARSITY RESTAURANTS L.L.C.

Date Approved

02/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

VARSITY RESTAURANTS L.L.C.

Borrower Address

3357 Highland Rd

Borrower City

Baton Rouge

Borrower State

LA

Borrower Zip

70802-7923

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

720895.00

Current Approval Amount

720895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baton Rouge

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70802-7923

CD

LA-06

Jobs Reported

119

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

720890.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

730046.36

Forgiveness Date

05/19/2022

;