PPP Loan information for Ultimate spinning & turning corp

$151,694

Ultimate spinning & turning corp was initially approved for PPP Loan of amount $151,694, the current approved amount is $151,694. The loan was approved on 01/27/2021 by The Spencer Savings Bank, SLA reported 15 jobs and $151,694 was used to fund payroll.

Ultimate spinning & turning corp is Existing or more than 2 years old

ULTIMATE SPINNING & TURNING CORP

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ULTIMATE SPINNING & TURNING CORP

Borrower Address

9 Willow St

Borrower City

Moonachie

Borrower State

NJ

Borrower Zip

07074-1502

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

151694.00

Current Approval Amount

151694.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moonachie

Project County Name

BERGEN

Project State

NJ

Project Zip

07074-1502

CD

NJ-09

Jobs Reported

15

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

151691.00

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

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153377.18

Forgiveness Date

03/17/2022

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