PPP Loan information for Powerquip, llc

$357,230

Powerquip, llc was initially approved for PPP Loan of amount $357,230, the current approved amount is $357,230. The loan was approved on 04/06/2020 by The Cache Valley Bank reported 16 jobs and $357,230 was used to fund payroll.

Powerquip, llc is Existing or more than 2 years old

PPP Loan Search / UT / LAYTON / Powerquip, llc

POWERQUIP, LLC

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

POWERQUIP, LLC

Borrower Address

60 E GENTILE ST

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041-3713

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357229.71

Current Approval Amount

357229.71

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

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-3713

CD

UT-01

Jobs Reported

16

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

263800.40

Mortgage Interest Proceed

1200.07

Rent Proceed

10801.26

Refinance EIDL Proceed

69427.98

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361218.78

Forgiveness Date

05/21/2021

;