PPP Loan information for Universal tool & engineering, inc.

$212,318

Universal tool & engineering, inc. was initially approved for PPP Loan of amount $212,318, the current approved amount is $212,318. The loan was approved on 04/05/2020 by The Bank of Tennessee reported 18 jobs and $212,318 was used to fund payroll.

Universal tool & engineering, inc. is Existing or more than 2 years old

PPP Loan Search / TN / JOHNSON CITY / Universal tool & engineering, inc.

UNIVERSAL TOOL & ENGINEERING, INC.

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

UNIVERSAL TOOL & ENGINEERING, INC.

Borrower Address

2304 Silverdale Dr. Suite 300

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37604

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212317.50

Current Approval Amount

212317.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37604-0600

CD

TN-01

Jobs Reported

18

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212317.50

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213597.30

Forgiveness Date

11/19/2020

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