PPP Loan information for Universal development corporation

$45,100

Universal development corporation was initially approved for PPP Loan of amount $45,100, the current approved amount is $45,100. The loan was approved on 04/28/2020 by The FirstBank Puerto Rico reported 10 jobs and $45,100 was used to fund payroll.

Universal development corporation is Existing or more than 2 years old

UNIVERSAL DEVELOPMENT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

UNIVERSAL DEVELOPMENT CORPORATION

Borrower Address

Carr 2 Km 28.2 Bo Espinosa

Borrower City

Vega Alta

Borrower State

PR

Borrower Zip

00692-6091

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45100.00

Current Approval Amount

45100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vega Alta

Project County Name

VEGA ALTA

Project State

PR

Project Zip

00692-6091

CD

PR-

Jobs Reported

10

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45100.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45463.31

Forgiveness Date

02/23/2021

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