PPP Loan information for Ultimate hydroforming inc.

$2,000,000

Ultimate hydroforming inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Independent Bank reported 142 jobs and $2,000,000 was used to fund payroll.

Ultimate hydroforming inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Ultimate hydroforming inc.

ULTIMATE HYDROFORMING INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ULTIMATE HYDROFORMING INC.

Borrower Address

42450 Yearego Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3262

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3262

CD

MI-10

Jobs Reported

142

NAICS Code

332439

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014849.32

Forgiveness Date

10/27/2021

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