# PPP loan: ULTREX BUSINESS SOLUTIONS, INC
> **$150K** approved 04/07/2020 · Paid in Full · Loan `7574707004`
## Borrower
- **Name:** ULTREX BUSINESS SOLUTIONS, INC
- **Address:** 110 SW 9th Ave, ALBANY, OR, 97321-2454
- **NAICS:** 423420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Utilities:** $38K
- **Jobs reported:** 10
## Lender
- **Originating:** Oregon State CU
- **Servicing:** Oregon State CU (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*