PPP Loan information for Varsity packing inc.

$705,163

Varsity packing inc. was initially approved for PPP Loan of amount $705,163, the current approved amount is $705,163. The loan was approved on 02/02/2021 by The Mechanics Bank reported 97 jobs and $705,163 was used to fund payroll.

Varsity packing inc. is Existing or more than 2 years old

VARSITY PACKING INC.

Date Approved

02/02/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

VARSITY PACKING INC.

Borrower Address

2017 Brundage Ln

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93304-2850

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

705162.50

Current Approval Amount

705162.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93304-2850

CD

CA-22

Jobs Reported

97

NAICS Code

111219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

705162.50

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

710549.16

Forgiveness Date

11/08/2021

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