PPP Loan information for Universal air products corp

$484,877

Universal air products corp was initially approved for PPP Loan of amount $484,877, the current approved amount is $484,877. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 28 jobs and $484,877 was used to fund payroll.

Universal air products corp is Existing or more than 2 years old

UNIVERSAL AIR PRODUCTS CORP

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

UNIVERSAL AIR PRODUCTS CORP

Borrower Address

1140 Kingwood Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23502-5603

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

484877.00

Current Approval Amount

484877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-5603

CD

VA-03

Jobs Reported

28

NAICS Code

333912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

484871.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

487414.30

Forgiveness Date

09/23/2021

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