PPP Loan information for Ultimate towing & recovery inc.

$264,840

Ultimate towing & recovery inc. was initially approved for PPP Loan of amount $264,840, the current approved amount is $264,840. The loan was approved on 03/13/2021 by The Pinnacle Bank reported 28 jobs and $264,840 was used to fund payroll.

Ultimate towing & recovery inc. is Existing or more than 2 years old

ULTIMATE TOWING & RECOVERY INC.

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ULTIMATE TOWING & RECOVERY INC.

Borrower Address

1656 Park Dr

Borrower City

Mount Airy

Borrower State

NC

Borrower Zip

27030-8580

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

264840.00

Current Approval Amount

264840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Airy

Project County Name

SURRY

Project State

NC

Project Zip

27030-8580

CD

NC-05

Jobs Reported

28

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264840.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

266545.13

Forgiveness Date

11/08/2021

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