PPP Loan information for Universal electric company

$51,500

Universal electric company was initially approved for PPP Loan of amount $51,500, the current approved amount is $51,500. The loan was approved on 04/14/2020 by The Fairfax State Savings Bank reported 8 jobs and $51,500 was used to fund payroll.

Universal electric company is Existing or more than 2 years old

PPP Loan Search / IA / Fairfax / Universal electric company

UNIVERSAL ELECTRIC COMPANY

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

UNIVERSAL ELECTRIC COMPANY

Borrower Address

3704 cynthia lane

Borrower City

Fairfax

Borrower State

IA

Borrower Zip

52228

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51500.00

Current Approval Amount

51500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24988

Servicing Lender Name

Fairfax State Savings Bank

Servicing Lender Address

409 Vanderbilt St

Servicing Lender City

FAIRFAX

Servicing Lender State

IA

Servicing Lender Zip

52228-9508

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfax

Project County Name

LINN

Project State

IA

Project Zip

52228-0001

CD

IA-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51500.00

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

24988

Originating Lender

Fairfax State Savings Bank

Originating Lender City

FAIRFAX

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43775.50

Forgiveness Date

12/02/2020

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