PPP Loan information for Tri-phase electric

$1,177,694

Tri-phase electric was initially approved for PPP Loan of amount $1,177,694, the current approved amount is $1,177,694. The loan was approved on 04/28/2020 by The Capital Community Bank reported 90 jobs and $1,177,694 was used to fund payroll.

Tri-phase electric is Existing or more than 2 years old

TRI-PHASE ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

TRI-PHASE ELECTRIC

Borrower Address

775 E UTAH VALLEY DR

Borrower City

AMERICAN FORK

Borrower State

UT

Borrower Zip

84003-9775

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1177694.37

Current Approval Amount

1177694.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118477

Servicing Lender Name

Capital Community Bank

Servicing Lender Address

3280 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84604-4405

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMERICAN FORK

Project County Name

UTAH

Project State

UT

Project Zip

84003-9775

CD

UT-03

Jobs Reported

90

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1177694.37

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

118477

Originating Lender

Capital Community Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1183615.56

Forgiveness Date

11/03/2020

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