PPP Loan information for Universal companies, inc.

$1,524,257

Universal companies, inc. was initially approved for PPP Loan of amount $1,524,257, the current approved amount is $1,524,257. The loan was approved on 04/09/2020 by The First Horizon Bank reported 132 jobs and $1,524,257 was used to fund payroll.

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

PPP Loan Search / VA / ABINGDON / Universal companies, inc.

UNIVERSAL COMPANIES, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

UNIVERSAL COMPANIES, INC.

Borrower Address

18260 OAK PARK DR

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-8090

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1524257.00

Current Approval Amount

1524257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-8090

CD

VA-09

Jobs Reported

132

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48000.00

Payroll Proceed

1182515.00

Mortgage Interest Proceed

54000.00

Rent Proceed

239742.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1542590.42

Forgiveness Date

07/09/2021

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