Universal Turbine Parts LLC

$585,300 PPP Loan in Prattville, Alabama

Loan Details

Loan Number
1289597110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$585,300
Current Approval
$585,300
Forgiveness Amount
$592,063
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Turbine Parts LLC
Address
120 Grouby Airport Rd
State
Alabama
ZIP Code
36067-7048
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$281,526
Rent
$36,550
Utilities
$29,646
Health Care
$36,247
Debt Interest
$201,331

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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