Universal Stainless order to return its PPP funding

Universal Stainless order to return its PPP funding

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Bridgeville-based Universal Stainless and Alloy Products Inc. was one of five companies  ordered to return funding it received from the federal Paycheck Protection Program, according to a letter from Congress’ Select Subcommittee on the Coronavirus Crisis.  Universal Stainless could not be reached for comment Monday morning.  In late April, Universal Stainless received a $10 million PPP loan.  According to the letter, the loan must be returned so that the money “may be used to support…

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