Cactus & Tropicals, LLC

$692,500 PPP Loan in Salt Lake City, Utah

Loan Details

Loan Number
7310067009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$692,500
Current Approval
$692,500
Forgiveness Amount
$696,845
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cactus & Tropicals, LLC
Address
2716 South 2000 East
State
Utah
ZIP Code
84109-1737
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (444220)
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$32.0M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$656,500
Rent
$5,000
Utilities
$23,000
Debt Interest
$8,000

Lender Information

Servicing Lender
First Utah Bank
Originating Lender
First Utah Bank

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