PPP Loan information for The variis institute

$46,625

The variis institute was initially approved for PPP Loan of amount $46,625, the current approved amount is $46,625. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $46,625 was used to fund payroll.

The variis institute is New Business or 2 years or less

THE VARIIS INSTITUTE

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE VARIIS INSTITUTE

Borrower Address

111 S. Wallace Blvd

Borrower City

YPSILANTI

Borrower State

MI

Borrower Zip

48197

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46625.00

Current Approval Amount

46625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

YPSILANTI

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-0001

CD

MI-06

Jobs Reported

4

NAICS Code

541720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1375.00

Payroll Proceed

37543.00

Mortgage Interest Proceed

0.00

Rent Proceed

4457.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3250.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47073.04

Forgiveness Date

04/20/2021

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