PPP Loan information for Newport audio, video & electrical, inc.

$306,300

Newport audio, video & electrical, inc. was initially approved for PPP Loan of amount $306,300, the current approved amount is $306,300. The loan was approved on 04/10/2020 by The First Utah Bank reported 35 jobs and $306,300 was used to fund payroll.

Newport audio, video & electrical, inc. is Existing or more than 2 years old

PPP Loan Search / UT / SOUTH JORDAN / Newport audio, video & electrical, inc.

NEWPORT AUDIO, VIDEO & ELECTRICAL, INC.

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NEWPORT AUDIO, VIDEO & ELECTRICAL, INC.

Borrower Address

11328 West Beckstead

Borrower City

SOUTH JORDAN

Borrower State

UT

Borrower Zip

84095

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306300.00

Current Approval Amount

306300.00

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

SOUTH JORDAN

Project County Name

SALT LAKE

Project State

UT

Project Zip

84095-0002

CD

UT-04

Jobs Reported

35

NAICS Code

443142

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309002.15

Forgiveness Date

03/02/2021

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