PPP Loan information for Universal container corporation

$724,500

Universal container corporation was initially approved for PPP Loan of amount $724,500, the current approved amount is $724,500. The loan was approved on 04/28/2020 by The Comerica Bank reported 68 jobs and $724,500 was used to fund payroll.

Universal container corporation is Existing or more than 2 years old

UNIVERSAL CONTAINER CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNIVERSAL CONTAINER CORPORATION

Borrower Address

10650 Galaxie Ave.

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-2171

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

724500.00

Current Approval Amount

724500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2171

CD

MI-11

Jobs Reported

68

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

579632.00

Mortgage Interest Proceed

144868.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

733274.50

Forgiveness Date

07/26/2021

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