PPP Loan information for Universal cutting inc.

$276,200

Universal cutting inc. was initially approved for PPP Loan of amount $276,200, the current approved amount is $276,200. The loan was approved on 02/05/2021 by The Republic First Bank d/b/a Republic Bank reported 28 jobs and $276,200 was used to fund payroll.

Universal cutting inc. is Existing or more than 2 years old

PPP Loan Search / PA / Lansdowne / Universal cutting inc.

UNIVERSAL CUTTING INC.

Date Approved

02/05/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

UNIVERSAL CUTTING INC.

Borrower Address

3 Kelly St Ste 200

Borrower City

Lansdowne

Borrower State

PA

Borrower Zip

19050-2713

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276200.00

Current Approval Amount

276200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansdowne

Project County Name

DELAWARE

Project State

PA

Project Zip

19050-2713

CD

PA-05

Jobs Reported

28

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

276198.00

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

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278432.30

Forgiveness Date

12/06/2021

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