PPP Loan information for Ultis electric inc

$21,695

Ultis electric inc was initially approved for PPP Loan of amount $21,695, the current approved amount is $21,695. The loan was approved on 04/13/2021 by The First United Bank & Trust reported 2 jobs and $21,695 was used to fund payroll.

Ultis electric inc is Existing or more than 2 years old

ULTIS ELECTRIC INC

Date Approved

04/13/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ULTIS ELECTRIC INC

Borrower Address

656 W Finzel Rd

Borrower City

Frostburg

Borrower State

MD

Borrower Zip

21532-4135

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21695.00

Current Approval Amount

21695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frostburg

Project County Name

GARRETT

Project State

MD

Project Zip

21532-4135

CD

MD-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21691.00

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

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21773.95

Forgiveness Date

09/01/2021

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