PPP Loan information for Universal excavating inc

$82,990

Universal excavating inc was initially approved for PPP Loan of amount $82,990, the current approved amount is $82,990. The loan was approved on 02/11/2021 by The Bank Rhode Island reported 5 jobs and $82,990 was used to fund payroll.

Universal excavating inc is Existing or more than 2 years old

UNIVERSAL EXCAVATING INC

Date Approved

02/11/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

UNIVERSAL EXCAVATING INC

Borrower Address

57 Pine Ridge Dr

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02921-3582

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82990.00

Current Approval Amount

82990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02921-3582

CD

RI-02

Jobs Reported

5

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82988.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83381.90

Forgiveness Date

08/03/2021

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