PPP Loan information for Ultimate motor sports, inc.

$411,100

Ultimate motor sports, inc. was initially approved for PPP Loan of amount $280,200, the current approved amount is $411,100. The loan was approved on 04/10/2020 by The State Bank of Southern Utah reported 28 jobs and $411,100 was used to fund payroll.

Ultimate motor sports, inc. is Existing or more than 2 years old

ULTIMATE MOTOR SPORTS, INC.

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ULTIMATE MOTOR SPORTS, INC.

Borrower Address

315 W HILTON DR

Borrower City

SAINT GEORGE

Borrower State

UT

Borrower Zip

84770-2203

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280200.00

Current Approval Amount

411100.00

Undisbursed Amount

0.00

Franchise Name

Polaris - Dealer Agreement

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT GEORGE

Project County Name

WASHINGTON

Project State

UT

Project Zip

84770-2203

CD

UT-02

Jobs Reported

28

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

411100.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

414095.96

Forgiveness Date

01/08/2021

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