PPP Loan information for The varsity shop inc.

$45,800

The varsity shop inc. was initially approved for PPP Loan of amount $45,800, the current approved amount is $45,800. The loan was approved on 01/20/2021 by The Mi Bank reported 13 jobs and $45,800 was used to fund payroll.

The varsity shop inc. is Existing or more than 2 years old

THE VARSITY SHOP INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE VARSITY SHOP INC.

Borrower Address

623 S Adams Rd

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-6844

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45800.00

Current Approval Amount

45800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525601

Servicing Lender Name

Mi Bank

Servicing Lender Address

3707 W Maple

Servicing Lender City

BLOOMFIELD HILLS

Servicing Lender State

MI

Servicing Lender Zip

48301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-6844

CD

MI-11

Jobs Reported

13

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

45796.00

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

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

46240.43

Forgiveness Date

01/18/2022

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