# PPP loan: ULTIMATE TECHNOLOGY GROUP LLC
> **$250K** approved 05/19/2020 · Charged Off · Loan `8729317408`
## Borrower
- **Name:** ULTIMATE TECHNOLOGY GROUP LLC
- **Address:** 2259 Shoma Drive, West Palm Beach, FL, 33414
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $105K (42%)
- **Forgiveness date:** 10/18/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 12
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*