PPP Loan information for Universal auto recovery inc.

$54,823

Universal auto recovery inc. was initially approved for PPP Loan of amount $54,823, the current approved amount is $54,823. The loan was approved on 05/01/2020 by The Cross River Bank reported 8 jobs and $54,823 was used to fund payroll.

Universal auto recovery inc. is Existing or more than 2 years old

PPP Loan Search / MI / FRASER / Universal auto recovery inc.

UNIVERSAL AUTO RECOVERY INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNIVERSAL AUTO RECOVERY INC.

Borrower Address

31698 GROESBECK HWY

Borrower City

FRASER

Borrower State

MI

Borrower Zip

48026

Loan Status Date

11/19/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

54823.22

Current Approval Amount

54823.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRASER

Project County Name

MACOMB

Project State

MI

Project Zip

48026-0001

CD

MI-10

Jobs Reported

8

NAICS Code

561491

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54823.22

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33248.45

Forgiveness Date

09/20/2021

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