PPP Loan information for Sparrow electric

$857,422

Sparrow electric was initially approved for PPP Loan of amount $857,422, the current approved amount is $857,422. The loan was approved on 01/16/2021 by The Goldenwest FCU reported 76 jobs and $857,422 was used to fund payroll.

Sparrow electric is Existing or more than 2 years old

SPARROW ELECTRIC

Date Approved

01/16/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

SPARROW ELECTRIC

Borrower Address

2260 S 3600 W

Borrower City

West Valley City

Borrower State

UT

Borrower Zip

84119-1124

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

857422.00

Current Approval Amount

857422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106885

Servicing Lender Name

Goldenwest FCU

Servicing Lender Address

5025 Adams Ave

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-4102

Rural Urban Indicator

U

Hubzone Indicator

Y

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

84119-1124

CD

UT-02

Jobs Reported

76

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

857420.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

106885

Originating Lender

Goldenwest FCU

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

867452.66

Forgiveness Date

03/29/2022

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