Universal Welding & Fabrication

$975,934 PPP Loan in North Pole, Alaska

Loan Details

Loan Number
2339847204
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$975,934
Current Approval
$975,934
Forgiveness Amount
$981,896
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Welding & Fabrication
Address
2720 Hurst Road
State
Alaska
ZIP Code
99705
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
AK-

Loan Use Breakdown

Payroll
$791,950
Rent
$57,600
Utilities
$20,234
Health Care
$96,150
Debt Interest
$10,000

Lender Information

Servicing Lender
First National Bank Alaska
Originating Lender
First National Bank Alaska

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