PPP Loan information for Ultra distributors inc

$35,277

Ultra distributors inc was initially approved for PPP Loan of amount $25,631, the current approved amount is $35,277. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $35,277 was used to fund payroll.

Ultra distributors inc is New Business or 2 years or less

PPP Loan Search / NJ / SOMERSET / Ultra distributors inc

ULTRA DISTRIBUTORS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ULTRA DISTRIBUTORS INC

Borrower Address

UNIT 8 142 BELMONT DR

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-1204

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25631.00

Current Approval Amount

35277.00

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

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1204

CD

NJ-12

Jobs Reported

4

NAICS Code

424490

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35277.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28897.27

Forgiveness Date

05/13/2021

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