APEX MOTORS (UT) - 2020 PPP Loan Borrower Profile (# 8496627710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APEX MOTORS. 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

8496627710

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$7,607

Date Loan was Approved

May 1, 2020

Amount Forgiven

$7,653.89

Date Loan was Forgiven

Dec 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

7,607

Lender

Cross River Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441228

Borrower Location

American Fork, UT

Project Location

American Fork, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.