# PPP loan: UNIVERSAL RACK & EQUIPMENT CO INC
> **$161K** approved 04/08/2020 · Paid in Full · Loan `7954577004`
## Borrower
- **Name:** UNIVERSAL RACK & EQUIPMENT CO INC
- **Address:** 8511 Tower Dr, TWINSBURG, OH, 44087-2088
- **NAICS:** 325998
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $161K
- **Initial approval:** $164K
- **Forgiven:** $164K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 16
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*