PPP Loan information for Universal mortgage & finance, inc.

$627,819

Universal mortgage & finance, inc. was initially approved for PPP Loan of amount $627,819, the current approved amount is $627,819. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 37 jobs and $627,819 was used to fund payroll.

Universal mortgage & finance, inc. is Existing or more than 2 years old

PPP Loan Search / MD / EDGEWATER / Universal mortgage & finance, inc.

UNIVERSAL MORTGAGE & FINANCE, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

UNIVERSAL MORTGAGE & FINANCE, INC.

Borrower Address

3158 Braverton Street, Suite 204

Borrower City

EDGEWATER

Borrower State

MD

Borrower Zip

21037

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

627819.00

Current Approval Amount

627819.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDGEWATER

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21037-0001

CD

MD-05

Jobs Reported

37

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

156954.75

Payroll Proceed

470864.25

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

639291.75

Forgiveness Date

02/22/2022

;