PPP Loan information for Universal power and control inc.

$834,647

Universal power and control inc. was initially approved for PPP Loan of amount $834,647, the current approved amount is $834,647. The loan was approved on 02/09/2021 by The Old National Bank reported 25 jobs and $834,647 was used to fund payroll.

Universal power and control inc. is Existing or more than 2 years old

PPP Loan Search / IL / Carol Stream / Universal power and control inc.

UNIVERSAL POWER AND CONTROL INC.

Date Approved

02/09/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

UNIVERSAL POWER AND CONTROL INC.

Borrower Address

146 Easy St

Borrower City

Carol Stream

Borrower State

IL

Borrower Zip

60188-2314

Loan Status Date

11/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

834647.00

Current Approval Amount

834647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carol Stream

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-2314

CD

IL-08

Jobs Reported

25

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

834642.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

848550.16

Forgiveness Date

10/20/2022

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