PPP Loan information for Cheney brothers construction inc

$300,907

Cheney brothers construction inc was initially approved for PPP Loan of amount $300,907, the current approved amount is $300,907. The loan was approved on 04/06/2020 by The Cache Valley Bank reported 5 jobs and $300,907 was used to fund payroll.

Cheney brothers construction inc is New Business or 2 years or less

PPP Loan Search / UT / OGDEN / Cheney brothers construction inc

CHENEY BROTHERS CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CHENEY BROTHERS CONSTRUCTION INC

Borrower Address

118 N 800 W BUILDING 6D STE B

Borrower City

OGDEN

Borrower State

UT

Borrower Zip

84404-1329

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300906.72

Current Approval Amount

300906.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OGDEN

Project County Name

WEBER

Project State

UT

Project Zip

84404-1329

CD

UT-01

Jobs Reported

5

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5596.52

Payroll Proceed

222209.00

Mortgage Interest Proceed

0.00

Rent Proceed

34384.65

Refinance EIDL Proceed

38716.55

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

305035.83

Forgiveness Date

08/23/2021

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