# PPP loan: ULTRAFAST SYSTEMS L L C
> **$152K** approved 04/06/2020 · Paid in Full · Loan `5600887007`
## Borrower
- **Name:** ULTRAFAST SYSTEMS L L C
- **Address:** 8330 CONSUMER CT, SARASOTA, FL, 34240-7868
- **NAICS:** 334516
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Utilities:** $2K
- **Debt interest:** $11K
- **Jobs reported:** 12
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*