PPP Loan information for Universal power conversion inc

$21,097

Universal power conversion inc was initially approved for PPP Loan of amount $21,097, the current approved amount is $21,097. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 2 jobs and $21,097 was used to fund payroll.

Universal power conversion inc is Existing or more than 2 years old

PPP Loan Search / MN / SAVAGE / Universal power conversion inc

UNIVERSAL POWER CONVERSION INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNIVERSAL POWER CONVERSION INC

Borrower Address

5636 WEST 125TH STREET

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-1208

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21097.00

Current Approval Amount

21097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-1208

CD

MN-02

Jobs Reported

2

NAICS Code

332912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2109.00

Payroll Proceed

15824.00

Mortgage Interest Proceed

3164.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21247.28

Forgiveness Date

01/07/2021

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