AEREL DESIGN, INC (UT) - 2020 PPP Loan Borrower Profile (# 1955037708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEREL DESIGN, 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

1955037708

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$90,417

Date Loan was Approved

May 1, 2020

Amount Forgiven

$91,234.17

Date Loan was Forgiven

Mar 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

850

Payroll Proced

78,351

Rent Proceed

5,250

Health Care Proceed

5,966

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541990

Borrower Location

S SALT LAKE, UT

Project Location

S SALT LAKE, 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.