PPP Loan information for Red olive design inc.

$438,600

Red olive design inc. was initially approved for PPP Loan of amount $438,600, the current approved amount is $438,600. The loan was approved on 04/15/2020 by The Bank of Utah reported 25 jobs and $438,600 was used to fund payroll.

Red olive design inc. is Existing or more than 2 years old

RED OLIVE DESIGN INC.

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RED OLIVE DESIGN INC.

Borrower Address

9800 S MONROE ST

Borrower City

SANDY

Borrower State

UT

Borrower Zip

84070-4419

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438600.00

Current Approval Amount

438600.00

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

SANDY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-4419

CD

UT-03

Jobs Reported

25

NAICS Code

519130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

300.00

Payroll Proceed

328900.00

Mortgage Interest Proceed

9400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

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

430866.30

Forgiveness Date

11/03/2020

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