PPP Loan information for Varsity properties management corp

$119,800

Varsity properties management corp was initially approved for PPP Loan of amount $119,800, the current approved amount is $119,800. The loan was approved on 04/13/2020 by The German American Bank reported 26 jobs and $119,800 was used to fund payroll.

Varsity properties management corp is Existing or more than 2 years old

VARSITY PROPERTIES MANAGEMENT CORP

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VARSITY PROPERTIES MANAGEMENT CORP

Borrower Address

2015 N DUNN ST

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47408-1470

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119800.00

Current Approval Amount

119800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47408-1470

CD

IN-09

Jobs Reported

26

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119800.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120577.88

Forgiveness Date

12/15/2020

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