BASIN SWABBING AND WELL SERVICE INC. (UT) - 2020 PPP Loan Borrower Profile (# 8041097710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIN SWABBING AND WELL SERVICE 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

8041097710

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$222,200

Date Loan was Approved

May 1, 2020

Amount Forgiven

$223,959.34

Date Loan was Forgiven

Feb 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

222,200

Lender

Zions Bank, A Division of

Business Detail

Business Type

Subchapter S Corporation

NAICS

237110

Borrower Location

ROOSEVELT, UT

Project Location

ROOSEVELT, 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.