PPP Loan information for Universal welding & fabrication inc

$975,934

Universal welding & fabrication inc was initially approved for PPP Loan of amount $466,840, the current approved amount is $975,934. The loan was approved on 01/28/2021 by The First National Bank Alaska reported 27 jobs and $975,934 was used to fund payroll.

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

PPP Loan Search / AK / North Pole / Universal welding & fabrication inc

UNIVERSAL WELDING & FABRICATION INC

Date Approved

01/28/2021

SBA Office Code

1084

Processing Method

PPS

Borrower Name

UNIVERSAL WELDING & FABRICATION INC

Borrower Address

2720 Hurst Rd

Borrower City

North Pole

Borrower State

AK

Borrower Zip

99705-7500

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

466840.00

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

99705-7500

CD

AK-

Jobs Reported

27

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

975930.70

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

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

912285.24

Forgiveness Date

12/16/2021

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