PPP Loan information for Universal watch and jewelry inc

$199,299

Universal watch and jewelry inc was initially approved for PPP Loan of amount $199,299, the current approved amount is $199,299. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 18 jobs and $199,299 was used to fund payroll.

Universal watch and jewelry inc is Existing or more than 2 years old

UNIVERSAL WATCH AND JEWELRY INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

UNIVERSAL WATCH AND JEWELRY INC

Borrower Address

177 S Old Woodward Ave

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-6102

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199299.00

Current Approval Amount

199299.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-6102

CD

MI-11

Jobs Reported

18

NAICS Code

448310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

199296.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201068.12

Forgiveness Date

12/16/2021

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