# PPP loan: COPPER MOUNTAIN ELECTRIC, LLC.
> **$651K** approved 04/06/2020 · Paid in Full · Loan `6112827006`
## Borrower
- **Name:** COPPER MOUNTAIN ELECTRIC, LLC.
- **Address:** 479 W 700 S, SALT LAKE CITY, UT, 84101-2225
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $651K
- **Initial approval:** $651K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $481K
- **Rent:** $9K
- **Utilities:** $1K
- **Jobs reported:** 43
## 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*