PPP Loan information for Universal tool company inc.

$263,682

Universal tool company inc. was initially approved for PPP Loan of amount $263,682, the current approved amount is $263,682. The loan was approved on 04/14/2020 by The Westfield Bank reported 27 jobs and $263,682 was used to fund payroll.

Universal tool company inc. is Existing or more than 2 years old

PPP Loan Search / MA / SPRINGFIELD / Universal tool company inc.

UNIVERSAL TOOL COMPANY INC.

Date Approved

04/14/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

UNIVERSAL TOOL COMPANY INC.

Borrower Address

33 ROSE PL

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01104-3103

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263682.00

Current Approval Amount

263682.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01104-3103

CD

MA-01

Jobs Reported

27

NAICS Code

332510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263682.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265989.22

Forgiveness Date

03/05/2021

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