AUDIO ENHANCEMENT, INC. (UT) - 2020 PPP Loan Borrower Profile (# 2903087704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUDIO ENHANCEMENT, 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

2903087704

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$1,200,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$1,213,654.67

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

45,000

Payroll Proced

1,100,000

Debt Interest Proceed

55,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

453998

Borrower Location

WEST JORDAN, UT

Project Location

WEST JORDAN, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.