As part of the Paycheck Protection Program UNIVERSAL TOOL EQUIPMENT AND CONTROLS, 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 TOOL EQUIPMENT AND CONTROLS, INC


Loan Amount	$1,468,045
BusinessName	UNIVERSAL TOOL EQUIPMENT AND CONTROLS, INC
Address	42409 VAN DYKE AVE
City	STERLING HEIGHTS
State	MI
Zip	48314
NAICSCode	333999
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	75
DateApproved	04/14/2020
Lender	Oxford Bank
CD	MI-10
BusinessName.clean	UNIVERSAL TOOL EQUIPMENT AND CONTROLS

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 TRAFFIC SERVICE
UNIVERSAL TRUCK SERVICE
UNIVERSAL TUBE
UNIVERSAL WALL SYSTEMS
UNIVERSAL WALLBOARD