Lang Equipment, LLC

$492,000 PPP Loan in North Salt Lake, Utah

Loan Details

Loan Number
7965077002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$492,000
Current Approval
$492,000
Forgiveness Amount
$496,674
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lang Equipment, LLC
Address
1200
State
Utah
ZIP Code
84054-2963
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$422,500
Rent
$30,000
Utilities
$7,500
Health Care
$32,000

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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