PPP Loan information for Ultimate care inc

$1,200,000

Ultimate care inc was initially approved for PPP Loan of amount $1,200,000, the current approved amount is $1,200,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 110 jobs and $1,200,000 was used to fund payroll.

Ultimate care inc is New Business or 2 years or less

ULTIMATE CARE INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ULTIMATE CARE INC

Borrower Address

16244 S MILITARY TRL STE 750

Borrower City

DELRAY BEACH

Borrower State

FL

Borrower Zip

33484-6532

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DELRAY BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33484-6532

CD

FL-22

Jobs Reported

110

NAICS Code

561311

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1200000.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1208350.68

Forgiveness Date

01/14/2021

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