PPP Loan information for Farnworth concrete inc

$123,200

Farnworth concrete inc was initially approved for PPP Loan of amount $123,200, the current approved amount is $123,200. The loan was approved on 04/07/2020 by The Bank of Utah reported 16 jobs and $123,200 was used to fund payroll.

Farnworth concrete inc is Existing or more than 2 years old

FARNWORTH CONCRETE INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

FARNWORTH CONCRETE INC

Borrower Address

1280 W 300 S

Borrower City

LINDON

Borrower State

UT

Borrower Zip

84042-1652

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123200.00

Current Approval Amount

123200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDON

Project County Name

UTAH

Project State

UT

Project Zip

84042-1652

CD

UT-03

Jobs Reported

16

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4640.00

Payroll Proceed

98560.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124091.09

Forgiveness Date

01/07/2021

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