PPP Loan information for Universal industrial sales, inc

$1,997,500

Universal industrial sales, inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $1,997,500. The loan was approved on 05/05/2021 by The Itria Ventures LLC reported 280 jobs and $1,997,500 was used to fund payroll.

Universal industrial sales, inc is Existing or more than 2 years old

PPP Loan Search / UT / Lindon / Universal industrial sales, inc

UNIVERSAL INDUSTRIAL SALES, INC

Date Approved

05/05/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

UNIVERSAL INDUSTRIAL SALES, INC

Borrower Address

433 N 1030 W

Borrower City

Lindon

Borrower State

UT

Borrower Zip

84042-1124

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

1997500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lindon

Project County Name

UTAH

Project State

UT

Project Zip

84042-1124

CD

UT-03

Jobs Reported

280

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1997499.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013923.89

Forgiveness Date

03/17/2022

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