PPP Loan information for Mountainside electric

$218,703

Mountainside electric was initially approved for PPP Loan of amount $218,703, the current approved amount is $218,703. The loan was approved on 02/08/2021 by The Cache Valley Bank reported 23 jobs and $218,703 was used to fund payroll.

Mountainside electric is Existing or more than 2 years old

MOUNTAINSIDE ELECTRIC

Date Approved

02/08/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MOUNTAINSIDE ELECTRIC

Borrower Address

6838 S 400 W

Borrower City

Midvale

Borrower State

UT

Borrower Zip

84047-1011

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218702.80

Current Approval Amount

218702.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midvale

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-1011

CD

UT-04

Jobs Reported

23

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

218702.80

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221558.09

Forgiveness Date

06/02/2022

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