# PPP loan: ULTIMATE SPINNING & TURNING CORP
> **$152K** approved 01/27/2021 · Paid in Full · Loan `6815188301`
## Borrower
- **Name:** ULTIMATE SPINNING & TURNING CORP
- **Address:** 9 Willow St, Moonachie, NJ, 07074-1502
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*