PPP Loan information for Universal seed co.

$651,247

Universal seed co. was initially approved for PPP Loan of amount $651,247, the current approved amount is $651,247. The loan was approved on 07/28/2020 by The U.S. Bank, National Association reported 37 jobs and $651,247 was used to fund payroll.

Universal seed co. is Existing or more than 2 years old

PPP Loan Search / OR / INDEPENDENCE / Universal seed co.

UNIVERSAL SEED CO.

Date Approved

07/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

UNIVERSAL SEED CO.

Borrower Address

1285 MAIN ST N

Borrower City

INDEPENDENCE

Borrower State

OR

Borrower Zip

97351

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

651247.00

Current Approval Amount

651247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

POLK

Project State

OR

Project Zip

97351-0001

CD

OR-05

Jobs Reported

37

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

651247.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

653761.54

Forgiveness Date

12/23/2020

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