PPP Loan information for Universal technologies inc.

$297,500

Universal technologies inc. was initially approved for PPP Loan of amount $297,500, the current approved amount is $297,500. The loan was approved on 04/07/2020 by The FNB Bank, Inc. reported 23 jobs and $297,500 was used to fund payroll.

Universal technologies inc. is Existing or more than 2 years old

PPP Loan Search / KY / MAYFIELD / Universal technologies inc.

UNIVERSAL TECHNOLOGIES INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

UNIVERSAL TECHNOLOGIES INC.

Borrower Address

244 POWELL RD

Borrower City

MAYFIELD

Borrower State

KY

Borrower Zip

42066-9009

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297500.00

Current Approval Amount

297500.00

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

N

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

23

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37188.00

Payroll Proceed

223125.00

Mortgage Interest Proceed

0.00

Rent Proceed

37187.00

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

299169.31

Forgiveness Date

11/03/2020

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