PPP Loan information for Universal training institute inc

$175,000

Universal training institute inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $175,000 was used to fund payroll.

Universal training institute inc is Existing or more than 2 years old

UNIVERSAL TRAINING INSTITUTE INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

UNIVERSAL TRAINING INSTITUTE INC

Borrower Address

174 Jefferson St

Borrower City

Perth Amboy

Borrower State

NJ

Borrower Zip

08861

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Perth Amboy

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08861-1200

CD

NJ-06

Jobs Reported

14

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

142400.00

Mortgage Interest Proceed

0.00

Rent Proceed

20200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176591.14

Forgiveness Date

04/01/2021

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