PPP Loan information for Varite inc.

$2,011,800

Varite inc. was initially approved for PPP Loan of amount $2,011,800, the current approved amount is $2,011,800. The loan was approved on 04/15/2020 by The Citibank, N.A. reported 122 jobs and $2,011,800 was used to fund payroll.

Varite inc. is Existing or more than 2 years old

VARITE INC.

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

VARITE INC.

Borrower Address

111 NORTH MARKET ST SUITE 730

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95113-1108

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2011800.00

Current Approval Amount

2011800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95113-1108

CD

CA-18

Jobs Reported

122

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2011800.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2034879.82

Forgiveness Date

06/11/2021

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