PPP Loan information for Young's machine company

$104,800

Young's machine company was initially approved for PPP Loan of amount $104,800, the current approved amount is $104,800. The loan was approved on 05/01/2020 by The Zions Bank, A Division of reported 12 jobs and $104,800 was used to fund payroll.

Young's machine company is Existing or more than 2 years old

YOUNG'S MACHINE COMPANY

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

YOUNG'S MACHINE COMPANY

Borrower Address

1149 North Main Street

Borrower City

Monticello

Borrower State

UT

Borrower Zip

84535

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104800.00

Current Approval Amount

104800.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

SAN JUAN

Project State

UT

Project Zip

84535-0001

CD

UT-03

Jobs Reported

12

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104800.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105730.28

Forgiveness Date

03/25/2021

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