Varsity Beverage Co. Inc.

$406,000 PPP Loan in Conway, New Hampshire

Loan Details

Loan Number
4804277107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$406,000
Current Approval
$406,000
Forgiveness Amount
$408,707
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Varsity Beverage Co. Inc.
Address
34 Towle Rd Po Box 2227
City
Conway
ZIP Code
03818-6040
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424490)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.5M
Rural/Urban
Rural
Congressional District
NH-01

Loan Use Breakdown

Payroll
$312,364
Utilities
$5,136
Health Care
$63,300
Mortgage Interest
$12,000
Debt Interest
$13,200

Lender Information

Servicing Lender
Northway Bank
Originating Lender
Northway Bank

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