Stockton #12 Automotive, Inc.

$1,099,500 PPP Loan in Sandy, Utah

Loan Details

Loan Number
5185127004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,099,500
Current Approval
$1,099,500
Forgiveness Amount
$1,112,541
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stockton #12 Automotive, Inc.
Address
10860 South Mall Drive
City
Sandy
State
Utah
ZIP Code
84070
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336111)
Business Age
Existing or more than 2 years old
Jobs Reported
117
Estimated Revenue
$30.6M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$884,020
Rent
$201,080
Utilities
$14,400

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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