PPP Loan information for Universal utilities inc

$199,600

Universal utilities inc was initially approved for PPP Loan of amount $199,600, the current approved amount is $199,600. The loan was approved on 05/08/2020 by The ELGA CU reported 21 jobs and $199,600 was used to fund payroll.

Universal utilities inc is Existing or more than 2 years old

UNIVERSAL UTILITIES INC

Date Approved

05/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNIVERSAL UTILITIES INC

Borrower Address

5251 FENTON RD

Borrower City

FLINT

Borrower State

MI

Borrower Zip

48507-4036

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199600.00

Current Approval Amount

199600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLINT

Project County Name

GENESEE

Project State

MI

Project Zip

48507-4036

CD

MI-08

Jobs Reported

21

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199600.00

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

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201845.50

Forgiveness Date

06/22/2021

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