PPP Loan information for Schooley electric inc

$232,207

Schooley electric inc was initially approved for PPP Loan of amount $232,207, the current approved amount is $232,207. The loan was approved on 03/04/2021 by The Bank of Utah reported 14 jobs and $232,207 was used to fund payroll.

Schooley electric inc is Existing or more than 2 years old

SCHOOLEY ELECTRIC INC

Date Approved

03/04/2021

SBA Office Code

0883

Processing Method

PPP

Borrower Name

SCHOOLEY ELECTRIC INC

Borrower Address

2335 W Jonestead Way

Borrower City

West Jordan

Borrower State

UT

Borrower Zip

84084-3069

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

232207.00

Current Approval Amount

232207.00

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

West Jordan

Project County Name

SALT LAKE

Project State

UT

Project Zip

84084-3069

CD

UT-04

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232206.00

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

Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233918.33

Forgiveness Date

12/14/2021

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