CAPTAIN ELECTRIC LLC (UT) - 2020 PPP Loan Borrower Profile (# 2416727208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CAPTAIN ELECTRIC LLC. 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

2416727208

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$105,700

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$106,481.89

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

79,000

Mortgage Interest Proceed

6,700

Health Care Proceed

20,000

Lender

Bank of Utah

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

OREM, UT

Project Location

OREM, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Change of Ownership

Data Source: SBA.