PPP Loan information for Universal production corp

$1,524,300

Universal production corp was initially approved for PPP Loan of amount $1,524,300, the current approved amount is $1,524,300. The loan was approved on 04/09/2020 by The Heartland Bank reported 195 jobs and $1,524,300 was used to fund payroll.

Universal production corp is Existing or more than 2 years old

UNIVERSAL PRODUCTION CORP

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

UNIVERSAL PRODUCTION CORP

Borrower Address

1776 Tamarack Rd

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055-1359

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1524300.00

Current Approval Amount

1524300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57467

Servicing Lender Name

Heartland Bank

Servicing Lender Address

430 N Hamilton Rd

Servicing Lender City

WHITEHALL

Servicing Lender State

OH

Servicing Lender Zip

43213-3067

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-1359

CD

OH-12

Jobs Reported

195

NAICS Code

321211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

137187.00

Payroll Proceed

1143225.00

Mortgage Interest Proceed

0.00

Rent Proceed

15243.00

Refinance EIDL Proceed

0.00

Health Care Proceed

228645.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57467

Originating Lender

Heartland Bank

Originating Lender City

WHITEHALL

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1537789.01

Forgiveness Date

03/03/2021

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