PPP Loan information for Universal equipment inc.

$410,500

Universal equipment inc. was initially approved for PPP Loan of amount $410,500, the current approved amount is $410,500. The loan was approved on 04/15/2020 by The Home Bank, National Association reported 24 jobs and $410,500 was used to fund payroll.

Universal equipment inc. is Existing or more than 2 years old

UNIVERSAL EQUIPMENT INC.

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

UNIVERSAL EQUIPMENT INC.

Borrower Address

230 BOWERS RD

Borrower City

SCOTT

Borrower State

LA

Borrower Zip

70583-5318

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410500.00

Current Approval Amount

410500.00

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

24

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410500.00

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

412757.75

Forgiveness Date

11/05/2020

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