PPP Loan information for Vardel corporation

$157,500

Vardel corporation was initially approved for PPP Loan of amount $157,500, the current approved amount is $157,500. The loan was approved on 02/02/2021 by The Manufacturers and Traders Trust Company reported 13 jobs and $157,500 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

02/02/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

VARDEL CORPORATION

Borrower Address

729 Philadelphia Pike

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19809-2559

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157500.00

Current Approval Amount

157500.00

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

19809-2559

CD

DE-

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

157498.00

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

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

158859.25

Forgiveness Date

12/22/2021

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