# PPP loan: MOUNTAINSIDE ELECTRIC
> **$219K** approved 02/08/2021 · Paid in Full · Loan `5317118403`
## Borrower
- **Name:** MOUNTAINSIDE ELECTRIC
- **Address:** 6838 S 400 W, Midvale, UT, 84047-1011
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 23
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*