PPP Loan information for Construction materials technologies inc

$1,535,900

Construction materials technologies inc was initially approved for PPP Loan of amount $1,535,900, the current approved amount is $1,535,900. The loan was approved on 04/04/2020 by The Cache Valley Bank reported 118 jobs and $1,535,900 was used to fund payroll.

Construction materials technologies inc is Existing or more than 2 years old

CONSTRUCTION MATERIALS TECHNOLOGIES INC

Date Approved

04/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CONSTRUCTION MATERIALS TECHNOLOGIES INC

Borrower Address

2796 S REDWOOD RD

Borrower City

WEST VALLEY CITY

Borrower State

UT

Borrower Zip

84119-2373

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1535900.00

Current Approval Amount

1535900.00

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

Existing or more than 2 years old

Project City

WEST VALLEY CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-2373

CD

UT-02

Jobs Reported

118

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27000.00

Payroll Proceed

1433200.00

Mortgage Interest Proceed

0.00

Rent Proceed

75700.00

Refinance EIDL Proceed

0.00

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

1546011.34

Forgiveness Date

12/08/2020

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