# PPP loan: ULTIMATE COLLISION II INC
> **$200K** approved 05/01/2020 · Exemption 4 · Loan `7694077707`
## Borrower
- **Name:** ULTIMATE COLLISION II INC
- **Address:** 197 GEORGETOWN WRIGHTSTOWN RD, WRIGHTSTOWN, NJ, 08562-2518
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $194K (97%)
- **Forgiveness date:** 07/20/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 18
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*