# PPP loan: ULTRACELL, INC.
> **$152K** approved 04/28/2020 · Paid in Full · Loan `8385887203`
## Borrower
- **Name:** ULTRACELL, INC.
- **Address:** 10 Brayton Court, COMMACK, NY, 11725-3104
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $30K
- **Jobs reported:** 9
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*