ALTSTART AUTOMOTIVE, INC (UT) - 2020 PPP Loan Borrower Profile (# 2048897709)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTSTART AUTOMOTIVE, 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

2048897709

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$13,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$13,150.05

Date Loan was Forgiven

Jun 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

11,000

Mortgage Interest Proceed

1,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

SALT LAKE CITY, UT

Project Location

SALT LAKE CITY, 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.