PPP Loan information for Universal machine & tool co., inc.

$286,400

Universal machine & tool co., inc. was initially approved for PPP Loan of amount $286,400, the current approved amount is $286,400. The loan was approved on 04/13/2020 by The Regions Bank reported 28 jobs and $286,400 was used to fund payroll.

Universal machine & tool co., inc. is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Universal machine & tool co., inc.

UNIVERSAL MACHINE & TOOL CO., INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

UNIVERSAL MACHINE & TOOL CO., INC.

Borrower Address

1913 BROOKSIDE LANE,

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660-4601

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286400.00

Current Approval Amount

286400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-4601

CD

TN-01

Jobs Reported

28

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

286400.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

287977.16

Forgiveness Date

11/12/2020

;