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Virat, Inc.

$30,000 PPP Loan in Fairfield, Virginia

Loan Details

Loan Number
8108397200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$30,000
Current Approval
$30,000
Forgiveness Amount
$30,318
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Virat, Inc.
Address
218 Sterrett Rd.
City
Fairfield
State
Virginia
ZIP Code
24435
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Franchise
Subway
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$22,500
Rent
$6,000
Utilities
$1,500

Lender Information

Servicing Lender
Bank of Botetourt
Originating Lender
Bank of Botetourt

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