PPP Loan information for Vardel corporation

$68,300

Vardel corporation was initially approved for PPP Loan of amount $68,300, the current approved amount is $68,300. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 13 jobs and $68,300 was used to fund payroll.

Vardel corporation is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Vardel corporation

VARDEL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

VARDEL CORPORATION

Borrower Address

729 Philadelphia Pike

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19809

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68300.00

Current Approval Amount

68300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19809-0001

CD

DE-

Jobs Reported

13

NAICS Code

624210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10273.00

Payroll Proceed

36775.00

Mortgage Interest Proceed

0.00

Rent Proceed

21252.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68924.99

Forgiveness Date

03/23/2021

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