PPP Loan information for Professional electrical services inc

$174,777

Professional electrical services inc was initially approved for PPP Loan of amount $174,777, the current approved amount is $174,777. The loan was approved on 04/15/2020 by The Cache Valley Bank reported 14 jobs and $174,777 was used to fund payroll.

Professional electrical services inc is Existing or more than 2 years old

PROFESSIONAL ELECTRICAL SERVICES INC

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PROFESSIONAL ELECTRICAL SERVICES INC

Borrower Address

2443 PROGRESS DR

Borrower City

WEST VALLEY CITY

Borrower State

UT

Borrower Zip

84119-1340

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174777.00

Current Approval Amount

174777.00

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

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST VALLEY CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-1340

CD

UT-02

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174777.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176529.62

Forgiveness Date

04/14/2021

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