# PPP loan: UNIVERSAL INDUSTRIAL SALES
> **$2.00M** approved 04/27/2020 · Paid in Full · Loan `3790707207`
## Borrower
- **Name:** UNIVERSAL INDUSTRIAL SALES
- **Address:** PO Box 699, PLEASANT GROVE, UT, 84062
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 176
## Lender
- **Originating:** Rock Canyon Bank, A Division of NBH Bank
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*