PPP Loan information for Virat, inc.

$30,000

Virat, inc. was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/28/2020 by The Bank of Botetourt reported 11 jobs and $30,000 was used to fund payroll.

Virat, inc. is Existing or more than 2 years old

PPP Loan Search / VA / FAIRFIELD / Virat, inc.

VIRAT, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRAT, INC.

Borrower Address

218 Sterrett Rd.

Borrower City

FAIRFIELD

Borrower State

VA

Borrower Zip

24435

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24435-0001

CD

VA-06

Jobs Reported

11

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

22500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30317.50

Forgiveness Date

05/17/2021

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