PPP Loan information for Mountainside electric, inc.

$185,489

Mountainside electric, inc. was initially approved for PPP Loan of amount $185,489, the current approved amount is $185,489. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 20 jobs and $185,489 was used to fund payroll.

Mountainside electric, inc. is Existing or more than 2 years old

MOUNTAINSIDE ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MOUNTAINSIDE ELECTRIC, INC.

Borrower Address

6838 S 400 W

Borrower City

MIDVALE

Borrower State

UT

Borrower Zip

84047-1011

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185489.32

Current Approval Amount

185489.32

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

20

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2789.68

Payroll Proceed

161240.46

Mortgage Interest Proceed

4325.98

Rent Proceed

17133.20

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

187576.07

Forgiveness Date

05/26/2021

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