PPP Loan information for Varsity plumbing and heating inc

$2,091,200

Varsity plumbing and heating inc was initially approved for PPP Loan of amount $2,091,200, the current approved amount is $2,091,200. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 79 jobs and $2,091,200 was used to fund payroll.

Varsity plumbing and heating inc is Existing or more than 2 years old

VARSITY PLUMBING AND HEATING INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

VARSITY PLUMBING AND HEATING INC

Borrower Address

31-99 123rd Street

Borrower City

Flushing

Borrower State

NY

Borrower Zip

11354

Loan Status Date

02/18/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

2091200.00

Current Approval Amount

2091200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flushing

Project County Name

QUEENS

Project State

NY

Project Zip

11354-0050

CD

NY-14

Jobs Reported

79

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2091200.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1858267.08

Forgiveness Date

12/07/2021

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