PPP Loan information for Varao inc

$148,080

Varao inc was initially approved for PPP Loan of amount $148,080, the current approved amount is $148,080. The loan was approved on 04/16/2020 by The Bank of America, National Association reported 21 jobs and $148,080 was used to fund payroll.

Varao inc is Existing or more than 2 years old

PPP Loan Search / CT / SIMSBURY / Varao inc

VARAO INC

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VARAO INC

Borrower Address

5 GRIFFIN ST

Borrower City

SIMSBURY

Borrower State

CT

Borrower Zip

06070-2113

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148080.00

Current Approval Amount

148080.00

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

Existing or more than 2 years old

Project City

SIMSBURY

Project County Name

HARTFORD

Project State

CT

Project Zip

06070-2113

CD

CT-05

Jobs Reported

21

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148080.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149138.87

Forgiveness Date

01/07/2021

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