PPP Loan information for Universal boiler works, inc.

$394,902

Universal boiler works, inc. was initially approved for PPP Loan of amount $140,250, the current approved amount is $394,902. The loan was approved on 05/05/2020 by The Bank of America, National Association reported 12 jobs and $394,902 was used to fund payroll.

Universal boiler works, inc. is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / Universal boiler works, inc.

UNIVERSAL BOILER WORKS, INC.

Date Approved

05/05/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

UNIVERSAL BOILER WORKS, INC.

Borrower Address

10125 BOSQUE CIR NW

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87114-8826

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140250.00

Current Approval Amount

394902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87114-8826

CD

NM-01

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

394902.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141918.06

Forgiveness Date

08/16/2021

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