PPP Loan information for Universal hi-tech development, inc.

$242,200

Universal hi-tech development, inc. was initially approved for PPP Loan of amount $242,200, the current approved amount is $242,200. The loan was approved on 07/30/2020 by The Citibank, N.A. reported 22 jobs and $242,200 was used to fund payroll.

Universal hi-tech development, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Universal hi-tech development, inc.

UNIVERSAL HI-TECH DEVELOPMENT, INC.

Date Approved

07/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

UNIVERSAL HI-TECH DEVELOPMENT, INC.

Borrower Address

1383 Piccard Dr.

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242200.00

Current Approval Amount

242200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

22

NAICS Code

519190

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242200.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242993.88

Forgiveness Date

12/02/2020

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