# PPP loan: UNIVERSAL CREDIT SERVICES, INC.
> **$305K** approved 04/13/2020 · Paid in Full · Loan `5369877109`
## Borrower
- **Name:** UNIVERSAL CREDIT SERVICES, INC.
- **Address:** 3588 Avon St., HARTLAND, MI, 48353-7707
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Mortgage interest:** $4K
- **Utilities:** $6K
- **Jobs reported:** 26
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*