PPP Loan information for Varelli rebar llc

$372,490

Varelli rebar llc was initially approved for PPP Loan of amount $372,490, the current approved amount is $372,490. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 20 jobs and $372,490 was used to fund payroll.

Varelli rebar llc is Existing or more than 2 years old

VARELLI REBAR LLC

Date Approved

01/25/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VARELLI REBAR LLC

Borrower Address

26 Colliery Dr

Borrower City

Thurmont

Borrower State

MD

Borrower Zip

21788-3104

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372490.00

Current Approval Amount

372490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thurmont

Project County Name

FREDERICK

Project State

MD

Project Zip

21788-3104

CD

MD-06

Jobs Reported

20

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

372486.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

353051.23

Forgiveness Date

06/03/2022

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