CULP CONSTRUCTION COMPANY (UT) - 2020 PPP Loan Borrower Profile (# 7824628603)

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

7824628603

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$437,794

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$441,644.19

Date Loan was Forgiven

Feb 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

437,791

Lender

Customers Bank

Business Detail

Business Type

Corporation

NAICS

236220

Borrower Location

South Salt Lake, UT

Project Location

South Salt Lake, 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.