Universal Tool Equipment and Controls, Inc.

$1,468,045 PPP Loan in Sterling Heights, Michigan

Loan Details

Loan Number
1277568307
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$1,468,045
Current Approval
$1,468,045
Forgiveness Amount
$1,484,724
Forgiveness Date
Mar 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Universal Tool Equipment and Controls, Inc.
Address
42409 Van Dyke Ave
ZIP Code
48314-3200
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$19.1M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,468,041
Utilities
$1

Lender Information

Servicing Lender
Oxford Bank
Originating Lender
Oxford Bank

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