PPP Loan information for Universal air products corporation

$494,877

Universal air products corporation was initially approved for PPP Loan of amount $484,877, the current approved amount is $494,877. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 24 jobs and $494,877 was used to fund payroll.

Universal air products corporation is New Business or 2 years or less

UNIVERSAL AIR PRODUCTS CORPORATION

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

UNIVERSAL AIR PRODUCTS CORPORATION

Borrower Address

1140 Kingwood Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23502

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484877.00

Current Approval Amount

494877.00

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

N

Business Age Description

New Business or 2 years or less

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-0001

CD

VA-03

Jobs Reported

24

NAICS Code

333912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

484877.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

488530.18

Forgiveness Date

02/11/2021

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