PPP Loan information for Universal acceptance corporation

$956,900

Universal acceptance corporation was initially approved for PPP Loan of amount $956,900, the current approved amount is $956,900. The loan was approved on 04/07/2020 by The CorTrust Bank National Association reported 72 jobs and $956,900 was used to fund payroll.

Universal acceptance corporation is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Universal acceptance corporation

UNIVERSAL ACCEPTANCE CORPORATION

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNIVERSAL ACCEPTANCE CORPORATION

Borrower Address

5900 Green Oak Drive Suite 101

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55343-4708

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

956900.00

Current Approval Amount

956900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-4708

CD

MN-03

Jobs Reported

72

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

95690.00

Payroll Proceed

765520.00

Mortgage Interest Proceed

0.00

Rent Proceed

95690.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;