PPP Loan information for Ultimate king, inc

$176,700

Ultimate king, inc was initially approved for PPP Loan of amount $176,718, the current approved amount is $176,700. The loan was approved on 04/27/2020 by The Comerica Bank reported 54 jobs and $176,700 was used to fund payroll.

Ultimate king, inc is Existing or more than 2 years old

ULTIMATE KING, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ULTIMATE KING, INC

Borrower Address

51177 Van Dyke Ave

Borrower City

Shelby Twp

Borrower State

MI

Borrower Zip

48316-4439

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176718.00

Current Approval Amount

176700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby Twp

Project County Name

MACOMB

Project State

MI

Project Zip

48316-4439

CD

MI-10

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141374.60

Mortgage Interest Proceed

35325.40

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178776.22

Forgiveness Date

06/29/2021

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