ADVANCED RESEARCH SYSTEMS INC. (UT) - 2020 PPP Loan Borrower Profile (# 2221088300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED RESEARCH SYSTEMS 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

2221088300

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$54,835

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$55,061.85

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

54,833

Lender

Brighton Bank

Business Detail

Business Type

Cooperative

NAICS

541990

Borrower Location

Salt Lake City, UT

Project Location

Salt Lake City, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.