PPP Loan information for Universal electrical inc

$95,800

Universal electrical inc was initially approved for PPP Loan of amount $95,800, the current approved amount is $95,800. The loan was approved on 03/03/2021 by The New Horizon Bank, National Association reported 9 jobs and $95,800 was used to fund payroll.

Universal electrical inc is Existing or more than 2 years old

UNIVERSAL ELECTRICAL INC

Date Approved

03/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

UNIVERSAL ELECTRICAL INC

Borrower Address

21411 Genito Rd

Borrower City

Moseley

Borrower State

VA

Borrower Zip

23120-1067

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95800.00

Current Approval Amount

95800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moseley

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23120-1067

CD

VA-01

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

95797.00

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

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

96390.55

Forgiveness Date

10/18/2021

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