PPP Loan information for United electric inc

$38,505

United electric inc was initially approved for PPP Loan of amount $38,505, the current approved amount is $38,505. The loan was approved on 05/19/2020 by The American Express National Bank reported 4 jobs and $38,505 was used to fund payroll.

United electric inc is Existing or more than 2 years old

PPP Loan Search / UT / Bountiful / United electric inc

UNITED ELECTRIC INC

Date Approved

05/19/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

UNITED ELECTRIC INC

Borrower Address

195 East 1500 South

Borrower City

Bountiful

Borrower State

UT

Borrower Zip

84010

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38505.00

Current Approval Amount

38505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bountiful

Project County Name

DAVIS

Project State

UT

Project Zip

84010-0900

CD

UT-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3840.50

Payroll Proceed

28803.75

Mortgage Interest Proceed

0.00

Rent Proceed

3840.50

Refinance EIDL Proceed

0.00

Health Care Proceed

1920.25

Debt Interest Proceed

100

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39026.14

Forgiveness Date

10/06/2021

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