PPP Loan information for University products, inc.

$540,000

University products, inc. was initially approved for PPP Loan of amount $540,000, the current approved amount is $540,000. The loan was approved on 04/10/2020 by The Westfield Bank reported 44 jobs and $540,000 was used to fund payroll.

University products, inc. is Existing or more than 2 years old

PPP Loan Search / MA / HOLYOKE / University products, inc.

UNIVERSITY PRODUCTS, INC.

Date Approved

04/10/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

UNIVERSITY PRODUCTS, INC.

Borrower Address

517 MAIN ST

Borrower City

HOLYOKE

Borrower State

MA

Borrower Zip

01040-5514

Loan Status Date

12/22/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540000.00

Current Approval Amount

540000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLYOKE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-5514

CD

MA-01

Jobs Reported

44

NAICS Code

493190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540000.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

543060.00

Forgiveness Date

11/12/2020

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