# PPP loan: UNIVERSAL ACCEPTANCE CORPORATION
> **$957K** approved 04/07/2020 · Paid in Full · Loan `7290027010`
## Borrower
- **Name:** UNIVERSAL ACCEPTANCE CORPORATION
- **Address:** 5900 Green Oak Drive Suite 101, MINNETONKA, MN, 55343-4708
- **NAICS:** 522220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $957K
- **Initial approval:** $957K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $766K
- **Rent:** $96K
- **Utilities:** $96K
- **Jobs reported:** 72
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*