# PPP loan: UNIVERSAL COLLECTION SYSTEMS, INC
> **$297K** approved 04/07/2020 · Paid in Full · Loan `7593847006`
## Borrower
- **Name:** UNIVERSAL COLLECTION SYSTEMS, INC
- **Address:** 5240 MENDENHALL PARK PL, MEMPHIS, TN, 38115-5904
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 38
## Lender
- **Originating:** Bank of Bartlett
- **Servicing:** Bank of Bartlett (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*