Universal Machining Industries, Inc.

$1,174,900 PPP Loan in Muenster, Texas

Loan Details

Loan Number
5557587004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,174,900
Current Approval
$1,174,900
Forgiveness Amount
$1,181,402
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Machining Industries, Inc.
Address
810 East Division
State
Texas
ZIP Code
76252-2769
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$22.7M
Rural/Urban
Rural
Congressional District
TX-26

Loan Use Breakdown

Payroll
$1,057,410
Utilities
$117,490

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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