PPP Loan information for Universal auto sales inc

$260,052

Universal auto sales inc was initially approved for PPP Loan of amount $260,052, the current approved amount is $260,052. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 15 jobs and $260,052 was used to fund payroll.

Universal auto sales inc is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / Universal auto sales inc

UNIVERSAL AUTO SALES INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

UNIVERSAL AUTO SALES INC

Borrower Address

299 LANCASTER DR NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260052.00

Current Approval Amount

260052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-0001

CD

OR-05

Jobs Reported

15

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16510.00

Payroll Proceed

208042.00

Mortgage Interest Proceed

7000.00

Rent Proceed

28500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262904.91

Forgiveness Date

06/09/2021

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