# PPP loan: UNIVERSAL CONTAINER CORPORATION
> **$725K** approved 04/28/2020 · Paid in Full · Loan `8977417206`
## Borrower
- **Name:** UNIVERSAL CONTAINER CORPORATION
- **Address:** 10650 Galaxie Ave., Ferndale, MI, 48220-2171
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $733K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $580K
- **Mortgage interest:** $145K
- **Jobs reported:** 68
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*