PPP Loan information for Red mountain electric, inc.

$81,000

Red mountain electric, inc. was initially approved for PPP Loan of amount $81,000, the current approved amount is $81,000. The loan was approved on 05/01/2020 by The Zions Bank, A Division of reported 8 jobs and $81,000 was used to fund payroll.

Red mountain electric, inc. is Existing or more than 2 years old

RED MOUNTAIN ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RED MOUNTAIN ELECTRIC, INC.

Borrower Address

134 West 200 South

Borrower City

Ivins

Borrower State

UT

Borrower Zip

84738

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81000.00

Current Approval Amount

81000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ivins

Project County Name

WASHINGTON

Project State

UT

Project Zip

84738-0001

CD

UT-02

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

81000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81958.68

Forgiveness Date

07/12/2021

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