PPP Loan information for Universal metals cutting, inc.

$50,000

Universal metals cutting, inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/22/2020 by The Westfield Bank, FSB reported 3 jobs and $50,000 was used to fund payroll.

Universal metals cutting, inc. is Existing or more than 2 years old

UNIVERSAL METALS CUTTING, INC.

Date Approved

05/22/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

UNIVERSAL METALS CUTTING, INC.

Borrower Address

2656 Harrison Ave SW

Borrower City

CANTON

Borrower State

OH

Borrower Zip

44706-3085

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222943

Servicing Lender Name

Westfield Bank, FSB

Servicing Lender Address

Two Park Cir

Servicing Lender City

WESTFIELD CENTER

Servicing Lender State

OH

Servicing Lender Zip

44251

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

STARK

Project State

OH

Project Zip

44706-3085

CD

OH-07

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

222943

Originating Lender

Westfield Bank, FSB

Originating Lender City

WESTFIELD CENTER

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50258.90

Forgiveness Date

12/04/2020

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