AC CLIPS 104LLC (UT) - 2020 PPP Loan Borrower Profile (# 7224468403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC CLIPS 104LLC. 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

7224468403

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$80,000

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$80,534.79

Date Loan was Forgiven

Oct 19, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

79,997

Lender

Mountain America FCU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812111

Borrower Location

Orem, UT

Project Location

Orem, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.