PPP Loan information for Universal plastics group inc

$2,000,000

Universal plastics group inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/20/2021 by The New Valley Bank & Trust reported 290 jobs and $2,000,000 was used to fund payroll.

Universal plastics group inc is Existing or more than 2 years old

PPP Loan Search / MA / Holyoke / Universal plastics group inc

UNIVERSAL PLASTICS GROUP INC

Date Approved

03/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

UNIVERSAL PLASTICS GROUP INC

Borrower Address

75 Whiting Farms Rd

Borrower City

Holyoke

Borrower State

MA

Borrower Zip

01040-2831

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holyoke

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-2831

CD

MA-01

Jobs Reported

290

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013808.22

Forgiveness Date

12/03/2021

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