B R PATEL INC (UT) - 2020 PPP Loan Borrower Profile (# 6620817903)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B R PATEL 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

6620817903

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$16,250

Date Loan was Approved

Jun 16, 2020

Amount Forgiven

$16,430.31

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

12,187.5

Rent Proceed

4,062.5

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

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.