As part of the Paycheck Protection Program UNIVERSAL MOTORS 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 MOTORS INC


Loan Amount	$953,123
BusinessName	UNIVERSAL MOTORS INC
Address	PO Box 27069
City	SEATTLE
State	WA
Zip	98165
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	70
DateApproved	04/15/2020
Lender	U.S. Bank, National Association
CD	WA-07
BusinessName.clean	UNIVERSAL MOTORS

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 PACKAGING SYSTEMS
UNIVERSAL PAIN MANAGEMENT MEDICAL CORPOR
UNIVERSAL PHOTONICS
UNIVERSAL PLASTICS GROUP
UNIVERSAL POOL CO