PPP Loan information for Cactus & tropicals, llc

$692,500

Cactus & tropicals, llc was initially approved for PPP Loan of amount $692,500, the current approved amount is $692,500. The loan was approved on 04/07/2020 by The First Utah Bank reported 155 jobs and $692,500 was used to fund payroll.

Cactus & tropicals, llc is Existing or more than 2 years old

CACTUS & TROPICALS, LLC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CACTUS & TROPICALS, LLC

Borrower Address

2716 South 2000 East

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84109-1737

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

692500.00

Current Approval Amount

692500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72740

Servicing Lender Name

First Utah Bank

Servicing Lender Address

3826 S 2300 East

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-3423

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84109-1737

CD

UT-02

Jobs Reported

155

NAICS Code

444220

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

23000.00

Payroll Proceed

656500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

8000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

696844.73

Forgiveness Date

11/27/2020

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