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 05/02/2020 by The Cross River Bank reported 6 jobs and $95,000 was used to fund payroll.

Ultima race works is Unanswered

ULTIMA RACE WORKS

Date Approved

05/02/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ULTIMA RACE WORKS

Borrower Address

4500 Northwest Highway

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

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

Unanswered

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-1000

CD

IL-09

Jobs Reported

6

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95000.00

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

96585.07

Forgiveness Date

01/04/2022

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