PPP Loan information for Ultimate motorcars inc

$1,117,024

Ultimate motorcars inc was initially approved for PPP Loan of amount $1,117,024, the current approved amount is $1,117,024. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 108 jobs and $1,117,024 was used to fund payroll.

Ultimate motorcars inc is Existing or more than 2 years old

ULTIMATE MOTORCARS INC

Date Approved

04/10/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

ULTIMATE MOTORCARS INC

Borrower Address

4111 S 144th St 0.0

Borrower City

Omaha

Borrower State

NE

Borrower Zip

68137-1012

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1117024.00

Current Approval Amount

1117024.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Omaha

Project County Name

DOUGLAS

Project State

NE

Project Zip

68137-1012

CD

NE-02

Jobs Reported

108

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16729.00

Payroll Proceed

851879.00

Mortgage Interest Proceed

0.00

Rent Proceed

130592.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46001.00

Debt Interest Proceed

71823

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1129582.45

Forgiveness Date

06/01/2021

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