# PPP loan: UNIVERSAL EQUIPMENT INC
> **$264K** approved 01/23/2021 · Paid in Full · Loan `4639318304`
## Borrower
- **Name:** UNIVERSAL EQUIPMENT INC
- **Address:** 230A Bowers Rd, Scott, LA, 70583-5318
- **NAICS:** 333132
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $264K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Home Bank, National Association
- **Servicing:** Home Bank, National Association (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*