PPP Loan information for Mendenhall equipment co.

$226,747

Mendenhall equipment co. was initially approved for PPP Loan of amount $226,747, the current approved amount is $226,747. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 16 jobs and $226,747 was used to fund payroll.

Mendenhall equipment co. is Existing or more than 2 years old

MENDENHALL EQUIPMENT CO.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MENDENHALL EQUIPMENT CO.

Borrower Address

880 W 100 N

Borrower City

NORTH SALT LAKE

Borrower State

UT

Borrower Zip

84054-2906

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226746.55

Current Approval Amount

226746.55

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH SALT LAKE

Project County Name

DAVIS

Project State

UT

Project Zip

84054-2906

CD

UT-02

Jobs Reported

16

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5200.62

Payroll Proceed

208441.93

Mortgage Interest Proceed

0.00

Rent Proceed

13104.00

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

228302.28

Forgiveness Date

12/17/2020

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