PPP Loan information for Universal valve company inc.

$829,500

Universal valve company inc. was initially approved for PPP Loan of amount $829,500, the current approved amount is $829,500. The loan was approved on 01/25/2021 by The Frost Bank reported 28 jobs and $829,500 was used to fund payroll.

Universal valve company inc. is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Universal valve company inc.

UNIVERSAL VALVE COMPANY INC.

Date Approved

01/25/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

UNIVERSAL VALVE COMPANY INC.

Borrower Address

3501 W Industrial Ave

Borrower City

Midland

Borrower State

TX

Borrower Zip

79703-7737

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

829500.00

Current Approval Amount

829500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79703-7737

CD

TX-11

Jobs Reported

28

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

829496.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

837226.85

Forgiveness Date

01/04/2022

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