Universal Stamping INC

$423,757 PPP Loan in Benton Harbor, Michigan

Loan Details

Loan Number
1327497705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$423,757
Current Approval
$423,757
Forgiveness Amount
$427,529
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Stamping INC
Address
1570 Townline Rd
ZIP Code
49022
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
380
Estimated Revenue
$92.9M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$346,321
Rent
$27,840
Utilities
$14,406
Health Care
$35,190

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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