As part of the Paycheck Protection Program UNIVERSAL ACCEPTANCE CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

UNIVERSAL ACCEPTANCE CORPORATION


Loan Amount	$956,900
BusinessName	UNIVERSAL ACCEPTANCE CORPORATION
Address	5900 Green Oak Drive
City	MINNETONKA
State	MN
Zip	55343
NAICSCode	522220
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	72
DateApproved	04/07/2020
Lender	CorTrust Bank National Association
CD	MN-03
BusinessName.clean	UNIVERSAL ACCEPTANCE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

BAY TO BAY PROPERTIES
UNIVERSAL AEROSPACE CO
UNIVERSAL AIR CONDITIONER
UNIVERSAL ATLANTIC SYSTEMS INCORPORATED
UNIVERSAL AUDIO