PPP Loan information for Varsity shop enterprises, inc

$106,500

Varsity shop enterprises, inc was initially approved for PPP Loan of amount $106,500, the current approved amount is $106,500. The loan was approved on 04/27/2020 by The ServisFirst Bank reported 8 jobs and $106,500 was used to fund payroll.

Varsity shop enterprises, inc is Existing or more than 2 years old

PPP Loan Search / AL / MOUNTAIN BRK / Varsity shop enterprises, inc

VARSITY SHOP ENTERPRISES, INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VARSITY SHOP ENTERPRISES, INC

Borrower Address

112 EUCLID AVE

Borrower City

MOUNTAIN BRK

Borrower State

AL

Borrower Zip

35213-2907

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106500.00

Current Approval Amount

106500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN BRK

Project County Name

JEFFERSON

Project State

AL

Project Zip

35213-2907

CD

AL-06

Jobs Reported

8

NAICS Code

448110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

85000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107612.33

Forgiveness Date

05/12/2021

;