AUTOMOTIVE SPECIALTY EQUIPMENT (UT) - 2020 PPP Loan Borrower Profile (# 2173527103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMOTIVE SPECIALTY EQUIPMENT. 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

2173527103

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$46,000

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$46,357.78

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

38,266

Rent Proceed

7,734

Lender

Cyprus Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

MIDVALE, UT

Project Location

MIDVALE, 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.