PPP Loan information for Universal auto group i, inc.

$1,977,400

Universal auto group i, inc. was initially approved for PPP Loan of amount $1,977,400, the current approved amount is $1,977,400. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 168 jobs and $1,977,400 was used to fund payroll.

Universal auto group i, inc. is Existing or more than 2 years old

UNIVERSAL AUTO GROUP I, INC.

Date Approved

04/27/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

UNIVERSAL AUTO GROUP I, INC.

Borrower Address

4101 S Tacoma Way

Borrower City

Tacoma

Borrower State

WA

Borrower Zip

98409

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1977400.00

Current Approval Amount

1977400.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tacoma

Project County Name

PIERCE

Project State

WA

Project Zip

98409-0001

CD

WA-06

Jobs Reported

168

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1977400.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1995982.14

Forgiveness Date

04/06/2021

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