# PPP loan: ULTIMATE AUTO INC.
> **$153K** approved 01/27/2021 · Paid in Full · Loan `6836588302`
## Borrower
- **Name:** ULTIMATE AUTO INC.
- **Address:** 301 S Rogers Ln, Raleigh, NC, 27610-2926
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Jobs reported:** 19
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*