Hydro Engineering INC

$718,300 PPP Loan in South Salt Lake, Utah

Loan Details

Loan Number
1685777205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$718,300
Current Approval
$718,300
Forgiveness Amount
$726,073
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hydro Engineering INC
Address
865 W 2600 S
State
Utah
ZIP Code
84119-2429
Business Type
Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$574,640
Utilities
$3,660
Mortgage Interest
$140,000

Lender Information

Servicing Lender
Bank of Utah
Originating Lender
Bank of Utah

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