A-C ELECTRIC INC (UT) - 2020 PPP Loan Borrower Profile (# 1875618309)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to A-C ELECTRIC INC. 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
1875618309
SBA Office Code
0883
Processing Method
PPS
Curent Loan Amount
$503,175
Date Loan was Approved
Jan 20, 2021
Amount Forgiven
$505,725.34
Date Loan was Forgiven
Jul 30, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
503,173
Lender
University First FCU
Business Detail
Business Type
Subchapter S Corporation
NAICS
238210
Borrower Location
Salt Lake City, UT
Project Location
Salt Lake City, UT
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
21
Business Age Description
Existing or more than 2 years old
Data Source: SBA.