PPP Loan information for United commercial inc

$689,000

United commercial inc was initially approved for PPP Loan of amount $689,000, the current approved amount is $689,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 480 jobs and $689,000 was used to fund payroll.

United commercial inc is Existing or more than 2 years old

UNITED COMMERCIAL INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

UNITED COMMERCIAL INC

Borrower Address

16504 6th Avenue West

Borrower City

LYNNWOOD

Borrower State

WA

Borrower Zip

98037

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

689000.00

Current Approval Amount

689000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNNWOOD

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98037-0001

CD

WA-01

Jobs Reported

480

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8750.00

Payroll Proceed

650000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

697083.88

Forgiveness Date

07/07/2021

;