BASICINVITE (UT) - 2020 PPP Loan Borrower Profile (# 5304737003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASICINVITE. 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

5304737003

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$187,700

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$189,733.42

Date Loan was Forgiven

May 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

187,700

Lender

Cache Valley Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

323111

Borrower Location

WASHINGTON, UT

Project Location

WASHINGTON, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.