# PPP loan: UNIVERSAL COATING INC
> **$831K** approved 05/28/2021 · Paid in Full · Loan `8668599006`
## Borrower
- **Name:** UNIVERSAL COATING INC
- **Address:** 5204 Energy Dr, Flint, MI, 48505-1837
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $831K
- **Initial approval:** $831K
- **Forgiven:** $841K (101%)
- **Forgiveness date:** 07/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $831K
- **Utilities:** $1
- **Jobs reported:** 111
## Lender
- **Originating:** ELGA CU
- **Servicing:** ELGA CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*