Universal Machine & Tool Co., Inc.

$286,400 PPP Loan in Kingsport, Tennessee

Loan Details

Loan Number
5432877102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$286,400
Current Approval
$286,400
Forgiveness Amount
$287,977
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Machine & Tool Co., Inc.
Address
1913 Brookside Lane,
ZIP Code
37660-4601
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$286,400

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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