United Electric INC

$38,505 PPP Loan in Bountiful, Utah

Loan Details

Loan Number
8831667404
Date Approved
May 19, 2020
Loan Status
Paid in Full
Initial Approval
$38,505
Current Approval
$38,505
Forgiveness Amount
$39,026
Forgiveness Date
Oct 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
United Electric INC
Address
195 East 1500 South
State
Utah
ZIP Code
84010
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$28,804
Rent
$3,841
Utilities
$3,841
Health Care
$1,920
Debt Interest
$100

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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