Universal Scrap Metal, INC
$1,990,700 PPP Loan in Chicago, Illinois
Loan Details
- Loan Number
- 7281437002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,990,700
- Current Approval
- $1,990,700
- Forgiveness Amount
- $2,009,943
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Universal Scrap Metal, INC
- Address
- 2500 W Fulton
- City
- Chicago
- State
- Illinois
- ZIP Code
- 60612
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (562920)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 181
- Estimated Revenue
- $34.2M
- Rural/Urban
- Urban
- Congressional District
- IL-07
Loan Use Breakdown
- Payroll
- $1,493,025
- Rent
- $248,838
- Utilities
- $248,838
Lender Information
- Servicing Lender
- Wintrust Bank, National Association
- Originating Lender
- Wintrust Bank, National Association
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