PPP Loan information for Avalon business engineering services

Date Approved

05/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AVALON BUSINESS ENGINEERING SERVICES

Borrower Address

1020 S University Park Blvd, Suite 200

Borrower City

Clearfield

Borrower State

UT

Borrower Zip

84015

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490725.00

Current Approval Amount

490725.00

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

Clearfield

Project County Name

DAVIS

Project State

UT

Project Zip

84015-1000

CD

UT-01

Jobs Reported

25

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

471096.00

Mortgage Interest Proceed

0.00

Rent Proceed

4907.25

Refinance EIDL Proceed

0.00

Health Care Proceed

14721.75

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

496425.48

Forgiveness Date

07/28/2021