PPP Loan information for Automotive repair specialty inc

$194,300

Automotive repair specialty inc was initially approved for PPP Loan of amount $194,300, the current approved amount is $194,300. The loan was approved on 04/15/2020 by The Bank of Utah reported 13 jobs and $194,300 was used to fund payroll.

Automotive repair specialty inc is Existing or more than 2 years old

AUTOMOTIVE REPAIR SPECIALTY INC

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AUTOMOTIVE REPAIR SPECIALTY INC

Borrower Address

757 HIGHWAY 193

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041-8618

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194300.00

Current Approval Amount

194300.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-8618

CD

UT-01

Jobs Reported

13

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8860.00

Payroll Proceed

175440.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

196115.24

Forgiveness Date

03/31/2021

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