Skip to content
American Factbook
Menu

Record · Borrower

Mechanized Concepts

Lindon, UT 84042

The loans, in SBA’s record

$272,919
Approved
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
None recorded
Forgiven
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $272,919
By the amount SBA approved, ranks 528,860th of 10,688,106 borrowers nationally, 5,025th of 81,393 in Utah and 893rd of 13,654 in the project’s county, Utah, UT. Larger than 95% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Mechanized Concepts, as SBA recorded them
Approved onAmountStatus
July 30, 2020$138,180Paid in Full
February 25, 2021$134,739Charged Off

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and PPP Data Dictionary by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved