ARTEC INDUSTRIES LLC. (UT) - 2020 PPP Loan Borrower Profile (# 4704427401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTEC INDUSTRIES LLC.. 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
4704427401
SBA Office Code
0883
Processing Method
PPP
Curent Loan Amount
$242,500
Date Loan was Approved
May 11, 2020
Amount Forgiven
$244,685.82
Date Loan was Forgiven
Apr 8, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
242,500
Lender
Mountain America FCU

Business Detail

Business Type
Corporation
NAICS
336330
Borrower Location
NORTH SALT LAKE, UT
Project Location
NORTH SALT LAKE, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
22
Business Age Description
Existing or more than 2 years old
Data Source: SBA.