PPP Loan information for Product evolution

$39,800

Product evolution was initially approved for PPP Loan of amount $8,900, the current approved amount is $39,800. The loan was approved on 04/09/2020 by The Community Banks of Colorado, A Division of reported 4 jobs and $39,800 was used to fund payroll.

Product evolution is New Business or 2 years or less

PRODUCT EVOLUTION

Date Approved

04/09/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PRODUCT EVOLUTION

Borrower Address

352 E RIVERSIDE DR STE A12

Borrower City

SAINT GEORGE

Borrower State

UT

Borrower Zip

84790-5808

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8900.00

Current Approval Amount

39800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

478121

Servicing Lender Name

Community Banks of Colorado, A Division of

Servicing Lender Address

7800 E Orchard Rd, Ste 200

Servicing Lender City

GREENWOOD VILLAGE

Servicing Lender State

CO

Servicing Lender Zip

80111-2585

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAINT GEORGE

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-5808

CD

UT-02

Jobs Reported

4

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39800.00

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

Subchapter S Corporation

Originating Lender Location Id

478121

Originating Lender

Community Banks of Colorado, A Division of

Originating Lender City

GREENWOOD VILLAGE

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40039.91

Forgiveness Date

11/23/2020

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