Hycomp, Inc.

$490,300 PPP Loan in Hyde Park, Utah

Loan Details

Loan Number
7933217002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$490,300
Current Approval
$490,300
Forgiveness Amount
$494,086
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hycomp, Inc.
Address
60 West 3800 North
State
Utah
ZIP Code
84318-4114
Business Type
Corporation
Industry (NAICS)
Manufacturing (333912)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
UT-01

Loan Use Breakdown

Payroll
$362,000
Rent
$28,300
Utilities
$100,000

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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