# PPP loan: UNIVERSAL TURBINE PARTS LLC
> **$585K** approved 04/10/2020 · Paid in Full · Loan `1289597110`
## Borrower
- **Name:** UNIVERSAL TURBINE PARTS LLC
- **Address:** 120 GROUBY AIRPORT RD, PRATTVILLE, AL, 36067-7048
- **NAICS:** 423990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $585K
- **Initial approval:** $585K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $37K
- **Utilities:** $30K
- **Health care:** $36K
- **Debt interest:** $201K
- **Jobs reported:** 36
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*