COLONIAL SPECIALTY CO., INC. (UT) - 2020 PPP Loan Borrower Profile (# 5512357110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COLONIAL SPECIALTY CO., 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
5512357110
SBA Office Code
0883
Processing Method
PPP
Curent Loan Amount
$240,000
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$242,781.37
Date Loan was Forgiven
Jun 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
240,000
Lender
KeyBank National Association

Business Detail

Business Type
Subchapter S Corporation
NAICS
314999
Borrower Location
SANDY, UT
Project Location
SANDY, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
35
Business Age Description
Unanswered
Data Source: SBA.