PPP Loan information for Universal tool inc

$113,996

Universal tool inc was initially approved for PPP Loan of amount $113,996, the current approved amount is $113,996. The loan was approved on 04/27/2020 by The Trustmark National Bank reported 11 jobs and $113,996 was used to fund payroll.

Universal tool inc is Existing or more than 2 years old

UNIVERSAL TOOL INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

UNIVERSAL TOOL INC

Borrower Address

1111 Deerfoot Pkway

Borrower City

RAINBOW CITY

Borrower State

AL

Borrower Zip

35906-8721

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113996.00

Current Approval Amount

113996.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAINBOW CITY

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-8721

CD

AL-04

Jobs Reported

11

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113996.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114790.81

Forgiveness Date

01/12/2021

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