PPP Loan information for Universal scrap metals inc.

$1,990,686

Universal scrap metals inc. was initially approved for PPP Loan of amount $1,990,686, the current approved amount is $1,990,686. The loan was approved on 01/22/2021 by The Wintrust Bank, National Association reported 180 jobs and $1,990,686 was used to fund payroll.

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

PPP Loan Search / IL / Chicago / Universal scrap metals inc.

UNIVERSAL SCRAP METALS INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

UNIVERSAL SCRAP METALS INC.

Borrower Address

2500 W Fulton St

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60612-2104

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1990686.00

Current Approval Amount

1990686.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60612-2104

CD

IL-07

Jobs Reported

180

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1990686.00

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

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2005782.04

Forgiveness Date

11/01/2021

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