In this work, we study and investigate the ultrapowers of ℓ1-Munn algebras. Then we show that the class of ℓ1-Munn algebras is stable under ultrapowers. Finally, applying this result to semigroup algebras, we show that for a semigroup S, ultra-amenability of ℓ1(S) and amenability of the second dual ℓ1(S)′′ are equivalent.