PPP Loan information for Universal coating inc

$831,100

Universal coating inc was initially approved for PPP Loan of amount $831,100, the current approved amount is $831,100. The loan was approved on 05/28/2021 by The ELGA CU reported 111 jobs and $831,100 was used to fund payroll.

Universal coating inc is Existing or more than 2 years old

PPP Loan Search / MI / Flint / Universal coating inc

UNIVERSAL COATING INC

Date Approved

05/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

UNIVERSAL COATING INC

Borrower Address

5204 Energy Dr

Borrower City

Flint

Borrower State

MI

Borrower Zip

48505-1837

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

831100.00

Current Approval Amount

831100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Flint

Project County Name

GENESEE

Project State

MI

Project Zip

48505-1837

CD

MI-08

Jobs Reported

111

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

831097.00

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

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

840796.17

Forgiveness Date

07/26/2022

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