PPP Loan information for Red sands electric

$37,500

Red sands electric was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 02/04/2021 by The Cache Valley Bank reported 5 jobs and $37,500 was used to fund payroll.

Red sands electric is Existing or more than 2 years old

PPP Loan Search / UT / Washington / Red sands electric

RED SANDS ELECTRIC

Date Approved

02/04/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RED SANDS ELECTRIC

Borrower Address

1372 E Ridge St

Borrower City

Washington

Borrower State

UT

Borrower Zip

84780-1367

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

UT

Project Zip

84780-1367

CD

UT-02

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37500.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37635.42

Forgiveness Date

07/06/2021

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