PPP Loan information for The varsity, inc.

$952,173

The varsity, inc. was initially approved for PPP Loan of amount $952,173, the current approved amount is $952,173. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 169 jobs and $952,173 was used to fund payroll.

The varsity, inc. is New Business or 2 years or less

THE VARSITY, INC.

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE VARSITY, INC.

Borrower Address

3550 GEORGE BUSBEE PKWY NW STE 210

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30144-2101

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952173.00

Current Approval Amount

952173.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30144-2101

CD

GA-11

Jobs Reported

169

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

952173.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

960677.34

Forgiveness Date

03/24/2021

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