CLASSIC CUTS LLC (UT) - 2020 PPP Loan Borrower Profile (# 5188118406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CLASSIC CUTS 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

5188118406

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$1,772.5

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$1,780.66

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,770.5

Lender

Cyprus Federal Credit Union

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812112

Borrower Location

South Jordan, UT

Project Location

South 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.