Universal Machine and Tool INC

$99,000 PPP Loan in Marion, North Carolina

Loan Details

Loan Number
8542287902
Date Approved
Jun 18, 2020
Loan Status
Paid in Full
Initial Approval
$99,000
Current Approval
$99,000
Forgiveness Amount
$99,828
Forgiveness Date
Apr 29, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Universal Machine and Tool INC
Address
105 Industrial Dr
City
Marion
ZIP Code
28752
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-11

Loan Use Breakdown

Payroll
$99,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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