PPP Loan information for Varsity beverage co. inc.

$406,000

Varsity beverage co. inc. was initially approved for PPP Loan of amount $406,000, the current approved amount is $406,000. The loan was approved on 04/13/2020 by The Northway Bank reported 29 jobs and $406,000 was used to fund payroll.

Varsity beverage co. inc. is Existing or more than 2 years old

PPP Loan Search / NH / CONWAY / Varsity beverage co. inc.

VARSITY BEVERAGE CO. INC.

Date Approved

04/13/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

VARSITY BEVERAGE CO. INC.

Borrower Address

34 TOWLE RD PO Box 2227

Borrower City

CONWAY

Borrower State

NH

Borrower Zip

03818-6040

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406000.00

Current Approval Amount

406000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONWAY

Project County Name

CARROLL

Project State

NH

Project Zip

03818-6040

CD

NH-01

Jobs Reported

29

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5135.83

Payroll Proceed

312364.17

Mortgage Interest Proceed

12000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

63300.00

Debt Interest Proceed

13200

Business Type

Corporation

Originating Lender Location Id

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408706.67

Forgiveness Date

12/28/2020

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