PPP Loan information for Universal wholesale, inc.

$156,694

Universal wholesale, inc. was initially approved for PPP Loan of amount $156,694, the current approved amount is $156,694. The loan was approved on 04/29/2020 by The Mercantile Bank reported 28 jobs and $156,694 was used to fund payroll.

Universal wholesale, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Universal wholesale, inc.

UNIVERSAL WHOLESALE, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNIVERSAL WHOLESALE, INC.

Borrower Address

16400 W 8 MILE RD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-5202

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156694.30

Current Approval Amount

156694.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-5202

CD

MI-12

Jobs Reported

28

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156694.30

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157806.19

Forgiveness Date

01/25/2021

;