AVALON BUSINESS ENGINEERING SERVICES (UT) - 2020 PPP Loan Borrower Profile (# 6812007400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AVALON BUSINESS ENGINEERING SERVICES. 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

6812007400

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$490,725

Date Loan was Approved

May 15, 2020

Amount Forgiven

$496,425.48

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

471,096

Mortgage Interest Proceed

Rent Proceed

4,907.25

Refinance EIDL Proceed

Health Care Proceed

14,721.75

Debt Interest Proceed

Lender

American Express National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541330

Borrower Location

Clearfield, UT

Project Location

Clearfield, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.