ACTION COMMERCIAL INSURANCE AGENCY INC (UT) - 2020 PPP Loan Borrower Profile (# 8484497700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION COMMERCIAL INSURANCE AGENCY 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

8484497700

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$26,846.47

Date Loan was Approved

May 1, 2020

Amount Forgiven

$26,984.75

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

26,846.47

Lender

Cross River Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

OREM, UT

Project Location

OREM, 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.