# PPP loan: ULTRAFABRICS INC
> **$1.62M** approved 04/28/2020 · Paid in Full · Loan `7947157205`
## Borrower
- **Name:** ULTRAFABRICS INC
- **Address:** 303 S Broadway, TARRYTOWN, NY, 10591
- **NAICS:** 325220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.53M (95%)
- **Forgiveness date:** 01/05/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 92
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*