PPP Loan information for Ultrasonic composites inc.

$236,399

Ultrasonic composites inc. was initially approved for PPP Loan of amount $236,399, the current approved amount is $236,399. The loan was approved on 04/01/2021 by The Truist Bank reported 36 jobs and $236,399 was used to fund payroll.

Ultrasonic composites inc. is Existing or more than 2 years old

ULTRASONIC COMPOSITES INC.

Date Approved

04/01/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

ULTRASONIC COMPOSITES INC.

Borrower Address

107 Brooker Dr

Borrower City

Dalton

Borrower State

GA

Borrower Zip

30721-8527

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236399.00

Current Approval Amount

236399.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dalton

Project County Name

WHITFIELD

Project State

GA

Project Zip

30721-8527

CD

GA-14

Jobs Reported

36

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236399.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238040.66

Forgiveness Date

12/09/2021

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