PPP Loan information for Sparrow electric

$899,682

Sparrow electric was initially approved for PPP Loan of amount $899,682, the current approved amount is $899,682. The loan was approved on 04/12/2020 by The Cross River Bank reported 63 jobs and $899,682 was used to fund payroll.

Sparrow electric is Existing or more than 2 years old

PPP Loan Search / UT / West Valley City / Sparrow electric

SPARROW ELECTRIC

Date Approved

04/12/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

SPARROW ELECTRIC

Borrower Address

2260 3600 W

Borrower City

West Valley City

Borrower State

UT

Borrower Zip

84120

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899682.00

Current Approval Amount

899682.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

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

84120-1200

CD

UT-02

Jobs Reported

63

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

899682.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

905425.18

Forgiveness Date

12/28/2020

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