# PPP loan: ULTRASONIC COMPOSITES INC.
> **$236K** approved 04/01/2021 · Paid in Full · Loan `4618558710`
## Borrower
- **Name:** ULTRASONIC COMPOSITES INC.
- **Address:** 107 Brooker Dr, Dalton, GA, 30721-8527
- **NAICS:** 314110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $236K
- **Jobs reported:** 36
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*