PPP Loan information for Universal business insurance, inc.

$588,700

Universal business insurance, inc. was initially approved for PPP Loan of amount $588,700, the current approved amount is $588,700. The loan was approved on 04/10/2020 by The First Utah Bank reported 40 jobs and $588,700 was used to fund payroll.

Universal business insurance, inc. is Existing or more than 2 years old

PPP Loan Search / UT / SANDY / Universal business insurance, inc.

UNIVERSAL BUSINESS INSURANCE, INC.

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

UNIVERSAL BUSINESS INSURANCE, INC.

Borrower Address

9980 South 300 West Suite 320

Borrower City

SANDY

Borrower State

UT

Borrower Zip

84070-3627

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588700.00

Current Approval Amount

588700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72740

Servicing Lender Name

First Utah Bank

Servicing Lender Address

3826 S 2300 East

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-3423

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANDY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-3627

CD

UT-04

Jobs Reported

40

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11225.00

Payroll Proceed

486315.00

Mortgage Interest Proceed

0.00

Rent Proceed

44160.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

582695.41

Forgiveness Date

12/28/2020

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