Universal Power Conversion INC

$21,097 PPP Loan in Savage, Minnesota

Loan Details

Loan Number
3806337100
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$21,097
Current Approval
$21,097
Forgiveness Amount
$21,247
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Power Conversion INC
Address
5636 West 125th Street
City
Savage
ZIP Code
55378-1208
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332912)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$15,824
Utilities
$2,109
Mortgage Interest
$3,164

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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