Universal Tools & Manufacturing Co.

$250,000 PPP Loan in Springfield, New Jersey

Loan Details

Loan Number
4235858600
Date Approved
Mar 18, 2021
Loan Status
Paid in Full
Initial Approval
$250,000
Current Approval
$250,000
Forgiveness Amount
$252,144
Forgiveness Date
Feb 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Universal Tools & Manufacturing Co.
Address
115 Victory Rd
ZIP Code
07081-1314
Business Type
Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$249,999
Utilities
$1

Lender Information

Servicing Lender
Readycap Lending, LLC
Originating Lender
Readycap Lending, LLC

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