# PPP loan: UNIVERSAL VALVE CO
> **$198K** approved 05/01/2020 · Paid in Full · Loan `8032017303`
## Borrower
- **Name:** UNIVERSAL VALVE CO
- **Address:** 478 SCHILLER ST, ELIZABETH, NJ, 07206
- **NAICS:** 332919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 13
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*