PPP Loan information for Variable bore rams inc

$200,000

Variable bore rams inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 02/26/2021 by The First Horizon Bank reported 11 jobs and $200,000 was used to fund payroll.

Variable bore rams inc is Existing or more than 2 years old

PPP Loan Search / LA / Broussard / Variable bore rams inc

VARIABLE BORE RAMS INC

Date Approved

02/26/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

VARIABLE BORE RAMS INC

Borrower Address

1086 Aillet Rd

Borrower City

Broussard

Borrower State

LA

Borrower Zip

70518-8017

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Broussard

Project County Name

SAINT MARTIN

Project State

LA

Project Zip

70518-8017

CD

LA-03

Jobs Reported

11

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

199998.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201416.67

Forgiveness Date

12/01/2021

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