PPP Loan information for Universal welding & fabrication

$975,934

Universal welding & fabrication was initially approved for PPP Loan of amount $975,934, the current approved amount is $975,934. The loan was approved on 04/16/2020 by The First National Bank Alaska reported 113 jobs and $975,934 was used to fund payroll.

Universal welding & fabrication is Existing or more than 2 years old

UNIVERSAL WELDING & FABRICATION

Date Approved

04/16/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

UNIVERSAL WELDING & FABRICATION

Borrower Address

2720 HURST ROAD

Borrower City

NORTH POLE

Borrower State

AK

Borrower Zip

99705

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975933.70

Current Approval Amount

975933.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3386

Servicing Lender Name

First National Bank Alaska

Servicing Lender Address

101 W 36th Ave

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503-5904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH POLE

Project County Name

FAIRBANKS NORTH STAR

Project State

AK

Project Zip

99705-0001

CD

AK-

Jobs Reported

113

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20233.70

Payroll Proceed

791950.00

Mortgage Interest Proceed

0.00

Rent Proceed

57600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

96150.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

3386

Originating Lender

First National Bank Alaska

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

981896.25

Forgiveness Date

12/02/2020

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