PPP Loan information for Industrial piping products, inc.

$363,700

Industrial piping products, inc. was initially approved for PPP Loan of amount $363,700, the current approved amount is $363,700. The loan was approved on 04/27/2020 by The First Utah Bank reported 24 jobs and $363,700 was used to fund payroll.

Industrial piping products, inc. is Existing or more than 2 years old

INDUSTRIAL PIPING PRODUCTS, INC.

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

INDUSTRIAL PIPING PRODUCTS, INC.

Borrower Address

2360 South 3270 West

Borrower City

WEST VALLEY CITY

Borrower State

UT

Borrower Zip

84119

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363700.00

Current Approval Amount

363700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72740

Servicing Lender Name

First Utah Bank

Servicing Lender Address

3826 S 2300 East

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-3423

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST VALLEY CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-1000

CD

UT-02

Jobs Reported

24

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365802.48

Forgiveness Date

11/27/2020

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