PPP Loan information for Varsity towing inc.

$59,865

Varsity towing inc. was initially approved for PPP Loan of amount $59,865, the current approved amount is $59,865. The loan was approved on 03/03/2021 by The Farmers & Merchants Bank reported 4 jobs and $59,865 was used to fund payroll.

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

PPP Loan Search / MD / Sykesville / Varsity towing inc.

VARSITY TOWING INC.

Date Approved

03/03/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

VARSITY TOWING INC.

Borrower Address

5007 Bushey Rd

Borrower City

Sykesville

Borrower State

MD

Borrower Zip

21784-9416

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59865.00

Current Approval Amount

59865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sykesville

Project County Name

CARROLL

Project State

MD

Project Zip

21784-9416

CD

MD-02

Jobs Reported

4

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59865.00

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

Subchapter S Corporation

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60258.63

Forgiveness Date

11/04/2021

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