PPP Loan information for Universal-michigan, llc

$868,941

Universal-michigan, llc was initially approved for PPP Loan of amount $868,941, the current approved amount is $868,941. The loan was approved on 04/27/2020 by The Lakeland Bank reported 80 jobs and $868,941 was used to fund payroll.

Universal-michigan, llc is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Universal-michigan, llc

UNIVERSAL-MICHIGAN, LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNIVERSAL-MICHIGAN, LLC

Borrower Address

1075 E. 14 Mile Road

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

868941.32

Current Approval Amount

868941.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

80

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

868941.32

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

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

875820.44

Forgiveness Date

02/17/2021

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