# PPP loan: TABU ULTRALOUNGE LLC
> **$219K** approved 03/12/2021 · Exemption 4 · Loan `9196568508`
## Borrower
- **Name:** TABU ULTRALOUNGE LLC
- **Address:** 4321 Stuart Andrew Blvd Ste E, Charlotte, NC, 28217-1588
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $216K (99%)
- **Forgiveness date:** 07/19/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*