# PPP loan: UNIVERSAL PLASTICS GROUP INC
> **$2.00M** approved 03/20/2021 · Paid in Full · Loan `6162688605`
## Borrower
- **Name:** UNIVERSAL PLASTICS GROUP INC
- **Address:** 75 Whiting Farms Rd, Holyoke, MA, 01040-2831
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 12/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 290
## Lender
- **Originating:** New Valley Bank & Trust
- **Servicing:** New Valley Bank & Trust (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*