As part of the Paycheck Protection Program UNIVERSAL SCRAP METAL, 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 SCRAP METAL, INC


Loan Amount	$1,990,700
BusinessName	UNIVERSAL SCRAP METAL, INC
Address	2500 W Fulton
City	CHICAGO
State	IL
Zip	60612
NAICSCode	562920
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	181
DateApproved	04/07/2020
Lender	Wintrust Bank, National Association
CD	IL-07
BusinessName.clean	UNIVERSAL SCRAP METAL

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 WEST
UNIVERSAL SCREEN ARTS
UNIVERSAL SECURITY CORP
UNIVERSAL SERVICE RECYCLING
UNIVERSAL SERVICES TELECOMMUNICATIONS TE