PPP Loan information for Universal tool inc

$92,359

Universal tool inc was initially approved for PPP Loan of amount $92,359, the current approved amount is $92,359. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 11 jobs and $92,359 was used to fund payroll.

Universal tool inc is Existing or more than 2 years old

UNIVERSAL TOOL INC

Date Approved

01/29/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

UNIVERSAL TOOL INC

Borrower Address

1111 Deerfoot Pkwy

Borrower City

Rainbow City

Borrower State

AL

Borrower Zip

35906-8721

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92359.00

Current Approval Amount

92359.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rainbow City

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-8721

CD

AL-04

Jobs Reported

11

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

92353.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93029.55

Forgiveness Date

10/29/2021

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