# PPP loan: HUSTAD MECHANICAL, INC.
> **$287K** approved 04/11/2020 · Paid in Full · Loan `3294947101`
## Borrower
- **Name:** HUSTAD MECHANICAL, INC.
- **Address:** 459 SOUTH MAIN ST, LOGAN, UT, 84321-5207
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Mortgage interest:** $10K
- **Utilities:** $2K
- **Jobs reported:** 23
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*