PPP Loan information for Universal equipment inc

$263,859

Universal equipment inc was initially approved for PPP Loan of amount $263,859, the current approved amount is $263,859. The loan was approved on 01/23/2021 by The Home Bank, National Association reported 12 jobs and $263,859 was used to fund payroll.

Universal equipment inc is Existing or more than 2 years old

UNIVERSAL EQUIPMENT INC

Date Approved

01/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

UNIVERSAL EQUIPMENT INC

Borrower Address

230A Bowers Rd

Borrower City

Scott

Borrower State

LA

Borrower Zip

70583-5318

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263859.00

Current Approval Amount

263859.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78563

Servicing Lender Name

Home Bank, National Association

Servicing Lender Address

503 Kaliste Saloom Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

LA

Servicing Lender Zip

70508-4203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Scott

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-5318

CD

LA-03

Jobs Reported

12

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263854.00

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

Subchapter S Corporation

Originating Lender Location Id

78563

Originating Lender

Home Bank, National Association

Originating Lender City

LAFAYETTE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265295.57

Forgiveness Date

08/13/2021

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