AIR POWER RACING (UT) - 2020 PPP Loan Borrower Profile (# 4831697208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIR POWER RACING. 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

4831697208

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$70,700

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$71,279.16

Date Loan was Forgiven

Feb 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,070

Payroll Proced

56,560

Rent Proceed

7,070

Lender

Bank of Utah

Business Detail

Business Type

Corporation

NAICS

441310

Borrower Location

GRANTSVILLE, UT

Project Location

GRANTSVILLE, 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.