# PPP loan: THE UNIVERSAL GROUP INC
> **$375K** approved 04/12/2020 · Paid in Full · Loan `3964187109`
## Borrower
- **Name:** THE UNIVERSAL GROUP INC
- **Address:** 2102 Cambridge Beltway Drive, CHARLOTTE, NC, 28273-4350
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $367K (98%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 23
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*