PPP Loan information for Universal tools & manufacturing company

$236,767

Universal tools & manufacturing company was initially approved for PPP Loan of amount $236,767, the current approved amount is $236,767. The loan was approved on 04/30/2020 by The Cross River Bank reported 28 jobs and $236,767 was used to fund payroll.

Universal tools & manufacturing company is Unanswered

UNIVERSAL TOOLS & MANUFACTURING COMPANY

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

UNIVERSAL TOOLS & MANUFACTURING COMPANY

Borrower Address

115 Victory Road

Borrower City

Springfield

Borrower State

NJ

Borrower Zip

07081

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236767.00

Current Approval Amount

236767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Springfield

Project County Name

UNION

Project State

NJ

Project Zip

07081-0001

CD

NJ-07

Jobs Reported

28

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236767.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240892.58

Forgiveness Date

02/01/2022

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