PPP Loan information for Ultima race works

$95,000

Ultima race works was initially approved for PPP Loan of amount $95,000, the current approved amount is $95,000. The loan was approved on 04/22/2021 by The Cross River Bank reported 6 jobs and $95,000 was used to fund payroll.

Ultima race works is Existing or more than 2 years old

PPP Loan Search / IL / Crystal Lake / Ultima race works

ULTIMA RACE WORKS

Date Approved

04/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ULTIMA RACE WORKS

Borrower Address

4500 US Highway 14

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-7334

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95000.00

Current Approval Amount

95000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-7334

CD

IL-11

Jobs Reported

6

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

94996.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95510.14

Forgiveness Date

11/08/2021

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