AUTOMOTIVE REPAIR SPECIALTY INC (UT) - 2020 PPP Loan Borrower Profile (# 1819917206)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AUTOMOTIVE REPAIR SPECIALTY 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
1819917206
SBA Office Code
0883
Processing Method
PPP
Curent Loan Amount
$194,300
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$196,115.24
Date Loan was Forgiven
Mar 31, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
8,860
Payroll Proced
175,440
Rent Proceed
10,000
Lender
Bank of Utah
Business Detail
Business Type
Subchapter S Corporation
NAICS
811111
Borrower Location
LAYTON, UT
Project Location
LAYTON, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.