PPP Loan information for Universal tool & engineering inc.

$212,320

Universal tool & engineering inc. was initially approved for PPP Loan of amount $212,320, the current approved amount is $212,320. The loan was approved on 01/21/2021 by The Bank of Tennessee reported 18 jobs and $212,320 was used to fund payroll.

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

PPP Loan Search / TN / Johnson City / Universal tool & engineering inc.

UNIVERSAL TOOL & ENGINEERING INC.

Date Approved

01/21/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

UNIVERSAL TOOL & ENGINEERING INC.

Borrower Address

2304 Silverdale Dr Ste 300

Borrower City

Johnson City

Borrower State

TN

Borrower Zip

37601-2590

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212320.00

Current Approval Amount

212320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnson City

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-2590

CD

TN-01

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

212318.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213635.20

Forgiveness Date

09/07/2021

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