# PPP loan: UNIVERSAL ASSET MANAGEMENT INC
> **$200K** approved 04/28/2020 · Paid in Full · Loan `9448657207`
## Borrower
- **Name:** UNIVERSAL ASSET MANAGEMENT INC
- **Address:** 1111 N. Plaza Drive Suite 200, SCHAUMBURG, IL, 60173-4996
- **NAICS:** 531190
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $50K
- **Jobs reported:** 18
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*