# PPP loan: ULTIMATE KING, INC
> **$177K** approved 04/27/2020 · Paid in Full · Loan `4758557204`
## Borrower
- **Name:** ULTIMATE KING, INC
- **Address:** 51177 Van Dyke Ave, Shelby Twp, MI, 48316-4439
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Mortgage interest:** $35K
- **Jobs reported:** 54
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*