PPP Loan information for Universal products inc

$444,995

Universal products inc was initially approved for PPP Loan of amount $444,995, the current approved amount is $444,995. The loan was approved on 01/31/2021 by The Bank of America, National Association reported 55 jobs and $444,995 was used to fund payroll.

Universal products inc is Existing or more than 2 years old

PPP Loan Search / MI / Rockford / Universal products inc

UNIVERSAL PRODUCTS INC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

UNIVERSAL PRODUCTS INC

Borrower Address

210 Rockford Park Dr NE

Borrower City

Rockford

Borrower State

MI

Borrower Zip

49341-7827

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

444995.00

Current Approval Amount

444995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

KENT

Project State

MI

Project Zip

49341-7827

CD

MI-03

Jobs Reported

55

NAICS Code

332322

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

444992.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

448603.73

Forgiveness Date

11/26/2021

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