PPP Loan information for University management inc

$2,000,000

University management inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Itria Ventures LLC reported 300 jobs and $2,000,000 was used to fund payroll.

University management inc is Existing or more than 2 years old

UNIVERSITY MANAGEMENT INC

Date Approved

02/17/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

UNIVERSITY MANAGEMENT INC

Borrower Address

104 3rd Street South

Borrower City

COLUMBUS

Borrower State

MS

Borrower Zip

39701

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

LOWNDES

Project State

MS

Project Zip

39701

CD

MS-01

Jobs Reported

300

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2010000.00

Forgiveness Date

09/02/2021

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