PPP Loan information for Fred a moreton & company

$4,619,000

Fred a moreton & company was initially approved for PPP Loan of amount $4,619,000, the current approved amount is $4,619,000. The loan was approved on 04/15/2020 by The Bank of Utah reported 232 jobs and $4,619,000 was used to fund payroll.

Fred a moreton & company is Existing or more than 2 years old

FRED A MORETON & COMPANY

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

FRED A MORETON & COMPANY

Borrower Address

101 S 200 E

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84111-3107

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4619000.00

Current Approval Amount

4619000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84111-3107

CD

UT-01

Jobs Reported

232

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3800.00

Payroll Proceed

3695200.00

Mortgage Interest Proceed

920000.00

Rent Proceed

0.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4667467.86

Forgiveness Date

05/12/2021

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