Universal Electric Co Inc.

$1,399,900 PPP Loan in West Springfield, Massachusetts

Loan Details

Loan Number
5018407008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,399,900
Current Approval
$1,399,900
Forgiveness Amount
$1,422,145
Forgiveness Date
Dec 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Electric Co Inc.
Address
79 Wayside Ave
ZIP Code
01089-1347
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
74
Estimated Revenue
$24.3M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$1,399,900

Lender Information

Servicing Lender
New Valley Bank & Trust
Originating Lender
New Valley Bank & Trust

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