CAR CONCEPTS (UT) - 2020 PPP Loan Borrower Profile (# 5347668503)

Updated on April 18, 2025.

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

5347668503

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$95,507

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$96,951.38

Date Loan was Forgiven

Sep 15, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

95,505

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

453998

Borrower Location

Salt Lake City, UT

Project Location

Salt Lake City, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.