Date Approved
04/14/2020
SBA Office Code
0883
Processing Method
PPP
Borrower Name
CLOSET MASTERS, INC
Borrower Address
5585 W Wells Park Rd
Borrower City
WEST JORDAN
Borrower State
UT
Borrower Zip
84081
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
285000.00
Current Approval Amount
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
Servicing Lender Zip
84109-3423
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SALT LAKE
Project State
Project Zip
84081-1200
CD
UT-02
Jobs Reported
23
NAICS Code
315990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4500.00
Payroll Proceed
226400.00
Mortgage Interest Proceed
10000.00
Rent Proceed
22500.00
Refinance EIDL Proceed
Health Care Proceed
15600.00
Debt Interest Proceed
6000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
276604.79
Forgiveness Date
11/16/2020