# PPP loan: ULTRAGROUP VENTURES LLC
> **$509K** approved 01/25/2021 · Paid in Full · Loan `5185218308`
## Borrower
- **Name:** ULTRAGROUP VENTURES LLC
- **Address:** 651 E 4th St, Chattanooga, TN, 37403-1912
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $509K
- **Jobs reported:** 34
## Lender
- **Originating:** CapStar Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*