# PPP loan: ULTRA TOOL AND MANUFACTURING, INC.
> **$187K** approved 04/15/2020 · Paid in Full · Loan `8660107100`
## Borrower
- **Name:** ULTRA TOOL AND MANUFACTURING, INC.
- **Address:** 159 La Grange Avenue, Rochester, NY, 14613
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $6K
- **Utilities:** $4K
- **Health care:** $10K
- **Debt interest:** $2K
- **Jobs reported:** 15
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*