As part of the Paycheck Protection Program UNIVERSAL MACHINING INDUSTRIES, INC 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 MACHINING INDUSTRIES, INC


Loan Amount	$1,174,900
BusinessName	UNIVERSAL MACHINING INDUSTRIES, INC
Address	810 East Division
City	Muenster
State	TX
Zip	76252
NAICSCode	332710
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	20
DateApproved	04/05/2020
Lender	First State Bank
CD	TX-13
BusinessName.clean	UNIVERSAL MACHINING INDUSTRIES

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

UNIVERSAL MAILING SERVICE
UNIVERSAL MARKETING SYSTEMS
UNIVERSAL MEDICAL RECORD SERVICES CORP
UNIVERSAL MEDICAL STAFFING
UNIVERSAL MELODY SERVICES