# PPP loan: UNIVERSAL TESTING & INSPECTION SERVICES, INC.
> **$955K** approved 04/30/2020 · Paid in Full · Loan `7021387309`
## Borrower
- **Name:** UNIVERSAL TESTING & INSPECTION SERVICES, INC.
- **Address:** 73 Otis Street, West Babylon, NY, 11704
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $967K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $955K
- **Jobs reported:** 57
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*