PPP Loan information for Varano electric inc

$19,500

Varano electric inc was initially approved for PPP Loan of amount $19,500, the current approved amount is $19,500. The loan was approved on 03/18/2021 by The United Bank of Michigan reported 2 jobs and $19,500 was used to fund payroll.

Varano electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Dorr / Varano electric inc

VARANO ELECTRIC INC

Date Approved

03/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VARANO ELECTRIC INC

Borrower Address

3123 140th Ave

Borrower City

Dorr

Borrower State

MI

Borrower Zip

49323-9491

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19500.00

Current Approval Amount

19500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dorr

Project County Name

ALLEGAN

Project State

MI

Project Zip

49323-9491

CD

MI-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19498.00

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

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19651.67

Forgiveness Date

12/28/2021

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