Tram Electric, Inc.

$516,200 PPP Loan in Price, Utah

Loan Details

Loan Number
8097347004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$516,200
Current Approval
$516,200
Forgiveness Amount
$519,053
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tram Electric, Inc.
Address
1556 E. Airport Rd
City
Price
State
Utah
ZIP Code
84501-3623
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$13.5M
Rural/Urban
Rural
Congressional District
UT-03

Loan Use Breakdown

Payroll
$387,100
Mortgage Interest
$129,100

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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