1 SOURCE BUSINESS SOLUTIONS, LLC (UT) - 2020 PPP Loan Borrower Profile (# 6930717010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1 SOURCE BUSINESS SOLUTIONS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Utah.

Loan Detail

Loan Number

6930717010

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$295,500

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$298,268.79

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

29,550

Payroll Proced

236,400

Rent Proceed

29,550

Lender

Bank of Utah

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541214

Borrower Location

MIDVALE, UT

Project Location

MIDVALE, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.