# PPP loan: ULTIMATE MOTOR SPORTS, INC.
> **$411K** approved 04/10/2020 · Paid in Full · Loan `2298457110`
## Borrower
- **Name:** ULTIMATE MOTOR SPORTS, INC.
- **Address:** 315 W HILTON DR, SAINT GEORGE, UT, 84770-2203
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $280K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 28
## Lender
- **Originating:** State Bank of Southern Utah
- **Servicing:** State Bank of Southern Utah (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*