Taylor Electric INC

$4,003,600 PPP Loan in South Salt Lake, Utah

Loan Details

Loan Number
6682267006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$4,003,600
Current Approval
$4,003,600
Forgiveness Amount
$4,044,184
Forgiveness Date
Apr 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taylor Electric INC
Address
2650 S 1030 W
State
Utah
ZIP Code
84119-2443
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
308
Estimated Revenue
$101.3M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$3,202,880
Rent
$200,000
Utilities
$200,000
Mortgage Interest
$400,720

Lender Information

Servicing Lender
Bank of Utah
Originating Lender
Bank of Utah

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