PPP Loan information for Ultimate automotive, inc.

$180,510

Ultimate automotive, inc. was initially approved for PPP Loan of amount $180,510, the current approved amount is $180,510. The loan was approved on 04/14/2020 by The Liberty Bank reported 11 jobs and $180,510 was used to fund payroll.

Ultimate automotive, inc. is Existing or more than 2 years old

ULTIMATE AUTOMOTIVE, INC.

Date Approved

04/14/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ULTIMATE AUTOMOTIVE, INC.

Borrower Address

551 MAIN ST

Borrower City

CROMWELL

Borrower State

CT

Borrower Zip

06416-1405

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180510.00

Current Approval Amount

180510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROMWELL

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06416-1405

CD

CT-01

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180510.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181673.29

Forgiveness Date

12/17/2020

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