PPP Loan information for Taylor electric inc

$4,003,600

Taylor electric inc was initially approved for PPP Loan of amount $4,003,600, the current approved amount is $4,003,600. The loan was approved on 04/07/2020 by The Bank of Utah reported 308 jobs and $4,003,600 was used to fund payroll.

Taylor electric inc is Existing or more than 2 years old

PPP Loan Search / UT / SOUTH SALT LAKE / Taylor electric inc

TAYLOR ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

TAYLOR ELECTRIC INC

Borrower Address

2650 S 1030 W

Borrower City

SOUTH SALT LAKE

Borrower State

UT

Borrower Zip

84119-2443

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4003600.00

Current Approval Amount

4003600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH SALT LAKE

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-2443

CD

UT-02

Jobs Reported

308

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

3202880.00

Mortgage Interest Proceed

400720.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4044184.44

Forgiveness Date

04/20/2021

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