# PPP loan: ULTRA SPECIALTIES INC.
> **$408K** approved 04/09/2020 · Paid in Full · Loan `9189357009`
## Borrower
- **Name:** ULTRA SPECIALTIES INC.
- **Address:** 1360 Howard St., ELK GROVE VILLAGE, IL, 60007-2214
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 38
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*