PPP Loan information for Payroll experts inc

$394,300

Payroll experts inc was initially approved for PPP Loan of amount $394,300, the current approved amount is $394,300. The loan was approved on 04/04/2020 by The Bank of Utah reported 33 jobs and $394,300 was used to fund payroll.

Payroll experts inc is Existing or more than 2 years old

PAYROLL EXPERTS INC

Date Approved

04/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PAYROLL EXPERTS INC

Borrower Address

36 S 400 W, Ste. 201

Borrower City

OREM

Borrower State

UT

Borrower Zip

84058-5325

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394300.00

Current Approval Amount

394300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OREM

Project County Name

UTAH

Project State

UT

Project Zip

84058-5325

CD

UT-03

Jobs Reported

33

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

315500.00

Mortgage Interest Proceed

40000.00

Rent Proceed

23800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

396557.77

Forgiveness Date

11/05/2020

;