Spring Works Utah INC

$318,050 PPP Loan in Woods Cross, Utah

Loan Details

Loan Number
2451547208
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$318,050
Current Approval
$318,050
Forgiveness Amount
$319,972
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Spring Works Utah INC
Address
2261 S 1560 W
State
Utah
ZIP Code
84087
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332613)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$267,112
Rent
$28,200
Utilities
$16,000
Health Care
$2,694
Debt Interest
$4,044

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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