There were 64 PPP loans issued in Utah during the week ending May 17. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Salisbury Plumbing, LLC | 2020-05-11 | $350,000-1 million |
| Shaw Stucco & General Contracting, Inc. | 2020-05-11 | $350,000-1 million |
| Artec Industries, LLC. | 2020-05-11 | $150,000-350,000 |
| Bastian Trucking, Inc. | 2020-05-11 | $150,000-350,000 |
| Black Knight Capital, LLC | 2020-05-11 | $150,000-350,000 |
| Child, Richards Cpas & Advisors, PC | 2020-05-11 | $150,000-350,000 |
| ESP +, Inc. | 2020-05-11 | $150,000-350,000 |
| Frisbu Trucking, Inc. | 2020-05-11 | $150,000-350,000 |
| Home Base Appraisal Management, LC | 2020-05-11 | $150,000-350,000 |
| Infinite Cad Solutions, Inc. | 2020-05-11 | $150,000-350,000 |
| Luckys Iron Door Roadhouse, LLC | 2020-05-11 | $150,000-350,000 |
| MBA Benefit Administrators, Inc. | 2020-05-11 | $150,000-350,000 |
| MS Ac Sunbrook Senior Living, LLC | 2020-05-11 | $150,000-350,000 |
| MS Ac Sunriver Senior Living, LLC | 2020-05-11 | $150,000-350,000 |
| Shared Pharmacy Services of Utah, LLC | 2020-05-11 | $150,000-350,000 |
| Vacom Systems, LLC | 2020-05-11 | $150,000-350,000 |
| Wasatch Civil Consulting | 2020-05-11 | $150,000-350,000 |
| BLM Companies, LLC | 2020-05-12 | $350,000-1 million |
| Goff Trucking, Inc. | 2020-05-12 | $350,000-1 million |
| Residential Exterior Solutions by Burbach, Inc. | 2020-05-12 | $350,000-1 million |
| Commercial Exterior Solutions | 2020-05-12 | $150,000-350,000 |
| CS Photography, LLC | 2020-05-12 | $150,000-350,000 |
| Hendricksen Painting, Inc. | 2020-05-12 | $150,000-350,000 |
| IN the Event, LLC | 2020-05-12 | $150,000-350,000 |
| My Mini Casa, LLC | 2020-05-12 | $150,000-350,000 |
| Peak Debt Consumption, LLC | 2020-05-12 | $150,000-350,000 |
| PRC, Inc. | 2020-05-12 | $150,000-350,000 |
| Sac2008enterprises, LLC | 2020-05-12 | $150,000-350,000 |
| Color Country Lubes, Inc. | 2020-05-13 | $150,000-350,000 |
| Develop My Credit 1, LLC | 2020-05-13 | $150,000-350,000 |
| Epic Rentals UT, LLC | 2020-05-13 | $150,000-350,000 |
| Grounds Maintenance Services, Inc. | 2020-05-13 | $150,000-350,000 |
| JR Blending, LLC | 2020-05-13 | $150,000-350,000 |
| Knell Construction Company, Inc. | 2020-05-13 | $150,000-350,000 |
| Main Street Gallery, LLC | 2020-05-13 | $150,000-350,000 |
| Quality Electrical Contractors, Inc. | 2020-05-13 | $150,000-350,000 |
| Silveronyx, LLC | 2020-05-13 | $150,000-350,000 |
| Tom Wood Custom Drive Shafts of Ogden | 2020-05-13 | $150,000-350,000 |
| Utah Non Profit Housing Corporation | 2020-05-13 | $150,000-350,000 |
| Watterson Brothers Construction, LLC | 2020-05-13 | $150,000-350,000 |
| Wet Jet Precision, Inc. | 2020-05-13 | $150,000-350,000 |
| Confederated Tribes of the Goshute Reservation | 2020-05-14 | $1-2 million |
| Local Guy the | 2020-05-14 | $150,000-350,000 |
| Reid's Concrete Service Incorperated | 2020-05-14 | $150,000-350,000 |
| Smedley Financial Services | 2020-05-14 | $150,000-350,000 |
| Southern Unique Custom Exteriors, LLC | 2020-05-14 | $150,000-350,000 |
| Tassie Siding, Inc. | 2020-05-14 | $150,000-350,000 |
| TKS Company-Pack Manufacturing | 2020-05-14 | $150,000-350,000 |
| Turner Excavating & Electric, Inc. | 2020-05-14 | $150,000-350,000 |
| Utah Youth Soccer Association Incorporated | 2020-05-14 | $150,000-350,000 |
| Asap Automotive Warehouse of Riverdale, Inc. | 2020-05-15 | $350,000-1 million |
| Avalon Business Engineering Services | 2020-05-15 | $350,000-1 million |
| The Walden School of Liberal ARTS | 2020-05-15 | $350,000-1 million |
| Youngs Engineering Services, Inc. | 2020-05-15 | $350,000-1 million |
| Central Utah Enterprises | 2020-05-15 | $150,000-350,000 |
| Florabella International, LLC | 2020-05-15 | $150,000-350,000 |
| Graphite Systems, Inc. | 2020-05-15 | $150,000-350,000 |
| Harmon Brothers, LLC | 2020-05-15 | $150,000-350,000 |
| Latitude Lending, LLC | 2020-05-15 | $150,000-350,000 |
| Pacific West Maintenance Corporation | 2020-05-15 | $150,000-350,000 |
| Providence Hall | 2020-05-15 | $150,000-350,000 |
| Real Athlete Supplements, LLC | 2020-05-15 | $150,000-350,000 |
| Securitymetrics, Inc. | 2020-05-16 | $2-5 million |
| Clawson General Contracting, LLC | 2020-05-16 | $350,000-1 million |
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