# PPP loan: UNIVERSAL FREIGHT INC.
> **$172K** approved 01/21/2021 · Paid in Full · Loan `2652308307`
## Borrower
- **Name:** UNIVERSAL FREIGHT INC.
- **Address:** 1189 Old Fannin Rd Ste F, Brandon, MS, 39047-9241
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*