Date Approved
04/06/2020
SBA Office Code
0883
Processing Method
PPP
Borrower Name
POWERQUIP, LLC
Borrower Address
60 E GENTILE ST
Borrower City
LAYTON
Borrower State
UT
Borrower Zip
84041-3713
Loan Status Date
06/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
357229.71
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
72251
Servicing Lender Name
Cache Valley Bank
Servicing Lender Address
101 N Main St
Servicing Lender City
LOGAN
Servicing Lender State
Servicing Lender Zip
84321-4525
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAVIS
Project State
Project Zip
CD
UT-01
Jobs Reported
16
NAICS Code
333249
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12000.00
Payroll Proceed
263800.40
Mortgage Interest Proceed
1200.07
Rent Proceed
10801.26
Refinance EIDL Proceed
69427.98
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
361218.78
Forgiveness Date
05/21/2021