PPP Loan information for Universal formations, inc

$68,800

Universal formations, inc was initially approved for PPP Loan of amount $68,800, the current approved amount is $68,800. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 6 jobs and $68,800 was used to fund payroll.

Universal formations, inc is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Universal formations, inc

UNIVERSAL FORMATIONS, INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNIVERSAL FORMATIONS, INC

Borrower Address

3850 HIGHWAY W

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68800.00

Current Approval Amount

68800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-0001

CD

MN-02

Jobs Reported

6

NAICS Code

332119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68800.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69466.98

Forgiveness Date

04/29/2021

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