Payroll Experts INC

$394,300 PPP Loan in Orem, Utah

Loan Details

Loan Number
4892197008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$394,300
Current Approval
$394,300
Forgiveness Amount
$396,558
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Payroll Experts INC
Address
36 S 400 W, Ste. 201
City
Orem
State
Utah
ZIP Code
84058-5325
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541214)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$315,500
Rent
$23,800
Utilities
$15,000
Mortgage Interest
$40,000

Lender Information

Servicing Lender
Bank of Utah
Originating Lender
Bank of Utah

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