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
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
Servicing Lender Zip
48301
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
46240.43
Forgiveness Date
01/18/2022