PPP Loan information for Universal drilling and cutting equipment inc.

$51,800

Universal drilling and cutting equipment inc. was initially approved for PPP Loan of amount $51,800, the current approved amount is $51,800. The loan was approved on 04/30/2020 by The Citibank, N.A. reported 4 jobs and $51,800 was used to fund payroll.

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

PPP Loan Search / IL / Lombard / Universal drilling and cutting equipment inc.

UNIVERSAL DRILLING AND CUTTING EQUIPMENT INC.

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

UNIVERSAL DRILLING AND CUTTING EQUIPMENT INC.

Borrower Address

77 Eisenhower Lane South

Borrower City

Lombard

Borrower State

IL

Borrower Zip

60148

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51800.00

Current Approval Amount

51800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lombard

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-0001

CD

IL-06

Jobs Reported

4

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51800.00

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

Cooperative

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52307.93

Forgiveness Date

04/29/2021

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