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K-Tec Holdings, Ltd

$2,000,000 PPP Loan in Orem, Utah

Loan Details

Loan Number
3513608504
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,222
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
K-Tec Holdings, Ltd
Address
1206 S 1680 W
City
Orem
State
Utah
ZIP Code
84058-4938
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (335220)
Business Age
Existing or more than 2 years old
Jobs Reported
209
Estimated Revenue
$54.7M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Community Banks of Colorado, a Division of
Originating Lender
Rock Canyon Bank, a Division of Nbh Bank

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