Sarcos Corp.

$2,000,000 PPP Loan in Salt Lake City, Utah

Loan Details

Loan Number
2763118508
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,192
Forgiveness Date
Nov 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sarcos Corp.
Address
360 S Wakara Way
State
Utah
ZIP Code
84108-1214
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541715)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$22.2M
Rural/Urban
Urban
Congressional District
UT-01

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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