5S LUXURY GROUP CO. (UT) - 2020 PPP Loan Borrower Profile (# 2416397706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5S LUXURY GROUP CO.. 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

2416397706

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$45,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$45,546.35

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

35,500

Health Care Proceed

7,500

Debt Interest Proceed

2,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

999990

Borrower Location

MIDWAY, UT

Project Location

MIDWAY, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.