CUSTOM ELECTRIC LLC (UT) - 2020 PPP Loan Borrower Profile (# 2935618502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CUSTOM ELECTRIC 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

2935618502

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$303,010

Date Loan was Approved

Feb 22, 2021

Amount Forgiven

$305,770.76

Date Loan was Forgiven

Jan 28, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

303,008

Lender

Cache Valley Bank

Business Detail

Business Type

Limited Liability Partnership

NAICS

238990

Borrower Location

EPHRAIM, UT

Project Location

EPHRAIM, UT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.