PPP Loan information for Universal auto repair and sales

$70,660

Universal auto repair and sales was initially approved for PPP Loan of amount $70,660, the current approved amount is $70,660. The loan was approved on 02/06/2021 by The Santander Bank, National Association reported 5 jobs and $70,660 was used to fund payroll.

Universal auto repair and sales is Existing or more than 2 years old

UNIVERSAL AUTO REPAIR AND SALES

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

UNIVERSAL AUTO REPAIR AND SALES

Borrower Address

9 Summer St

Borrower City

Ashland

Borrower State

MA

Borrower Zip

01721-1523

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70660.00

Current Approval Amount

70660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01721-1523

CD

MA-02

Jobs Reported

5

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70660.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70969.74

Forgiveness Date

07/21/2021

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