PPP Loan information for True choice llc

$514,000

True choice llc was initially approved for PPP Loan of amount $514,000, the current approved amount is $514,000. The loan was approved on 04/13/2020 by The First Utah Bank reported 44 jobs and $514,000 was used to fund payroll.

True choice llc is New Business or 2 years or less

TRUE CHOICE LLC

Date Approved

04/13/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

TRUE CHOICE LLC

Borrower Address

1536 Woodland Park Drive, Ste 300,

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041-5617

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514000.00

Current Approval Amount

514000.00

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

New Business or 2 years or less

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-5617

CD

UT-01

Jobs Reported

44

NAICS Code

561422

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

473464.00

Mortgage Interest Proceed

0.00

Rent Proceed

8536.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

518689.37

Forgiveness Date

03/17/2021

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