PPP Loan information for Rocky mountain motor cars, inc.

$312,900

Rocky mountain motor cars, inc. was initially approved for PPP Loan of amount $312,900, the current approved amount is $312,900. The loan was approved on 04/28/2020 by The First Utah Bank reported 29 jobs and $312,900 was used to fund payroll.

Rocky mountain motor cars, inc. is Existing or more than 2 years old

ROCKY MOUNTAIN MOTOR CARS, INC.

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ROCKY MOUNTAIN MOTOR CARS, INC.

Borrower Address

767 S State Road

Borrower City

PLEASANT GROVE

Borrower State

UT

Borrower Zip

84062

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312900.00

Current Approval Amount

312900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLEASANT GROVE

Project County Name

UTAH

Project State

UT

Project Zip

84062-0151

CD

UT-03

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4400.00

Payroll Proceed

275000.00

Mortgage Interest Proceed

0.00

Rent Proceed

33500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

315128.88

Forgiveness Date

01/20/2021

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