PPP Loan information for Universal power and control, inc.

$1,711,790

Universal power and control, inc. was initially approved for PPP Loan of amount $1,711,790, the current approved amount is $1,711,790. The loan was approved on 04/09/2020 by The Old National Bank reported 53 jobs and $1,711,790 was used to fund payroll.

Universal power and control, inc. is New Business or 2 years or less

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

UNIVERSAL POWER AND CONTROL, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

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

09/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1711790.00

Current Approval Amount

1711790.00

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

New Business or 2 years or less

Project City

Carol Stream

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-2314

CD

IL-08

Jobs Reported

53

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1711790.00

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

1750856.33

Forgiveness Date

08/02/2022

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