PPP Loan information for United industrial textile products, inc.

$302,720

United industrial textile products, inc. was initially approved for PPP Loan of amount $302,720, the current approved amount is $302,720. The loan was approved on 04/11/2020 by The Westfield Bank reported 31 jobs and $302,720 was used to fund payroll.

United industrial textile products, inc. is Existing or more than 2 years old

UNITED INDUSTRIAL TEXTILE PRODUCTS, INC.

Date Approved

04/11/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

UNITED INDUSTRIAL TEXTILE PRODUCTS, INC.

Borrower Address

321 MAIN ST

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-3908

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302720.00

Current Approval Amount

302720.00

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

WEST SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-3908

CD

MA-01

Jobs Reported

31

NAICS Code

314910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302720.00

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

Subchapter S Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

306722.63

Forgiveness Date

08/12/2021

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