CULP CONSTRUCTION COMPANY (UT) - 2020 PPP Loan Borrower Profile (# 7685157302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CULP CONSTRUCTION COMPANY. 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

7685157302

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$433,677

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$436,587.98

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

433,677

Lender

Customers Bank

Business Detail

Business Type

Corporation

NAICS

236220

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.