# PPP loan: COPPER VALLEY ELECTRIC LLC
> **$383K** approved 04/12/2020 · Paid in Full · Loan `3795877102`
## Borrower
- **Name:** COPPER VALLEY ELECTRIC LLC
- **Address:** 663 W SANDY PKWY, SANDY, UT, 84070-6432
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Health care:** $75K
- **Jobs reported:** 41
## Lender
- **Originating:** Cyprus Federal Credit Union
- **Servicing:** Cyprus Federal Credit Union (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*