PPP Loan information for Universal technologies inc

$316,636

Universal technologies inc was initially approved for PPP Loan of amount $316,636, the current approved amount is $316,636. The loan was approved on 01/22/2021 by The FNB Bank, Inc. reported 35 jobs and $316,636 was used to fund payroll.

Universal technologies inc is Existing or more than 2 years old

UNIVERSAL TECHNOLOGIES INC

Date Approved

01/22/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

UNIVERSAL TECHNOLOGIES INC

Borrower Address

244 W Powell Rd

Borrower City

Mayfield

Borrower State

KY

Borrower Zip

42066-9009

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316636.40

Current Approval Amount

316636.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27599

Servicing Lender Name

FNB Bank, Inc.

Servicing Lender Address

101 E Broadway St

Servicing Lender City

MAYFIELD

Servicing Lender State

KY

Servicing Lender Zip

42066-2317

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mayfield

Project County Name

GRAVES

Project State

KY

Project Zip

42066-9009

CD

KY-01

Jobs Reported

35

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316636.40

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

27599

Originating Lender

FNB Bank, Inc.

Originating Lender City

MAYFIELD

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318307.54

Forgiveness Date

08/04/2021

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