PPP Loan information for Arctic circle restaurants, inc.

$1,991,200

Arctic circle restaurants, inc. was initially approved for PPP Loan of amount $1,991,200, the current approved amount is $1,991,200. The loan was approved on 04/04/2020 by The First Utah Bank reported 500 jobs and $1,991,200 was used to fund payroll.

Arctic circle restaurants, inc. is Existing or more than 2 years old

PPP Loan Search / UT / WEST JORDAN / Arctic circle restaurants, inc.

ARCTIC CIRCLE RESTAURANTS, INC.

Date Approved

04/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ARCTIC CIRCLE RESTAURANTS, INC.

Borrower Address

4214 West 8370 South

Borrower City

WEST JORDAN

Borrower State

UT

Borrower Zip

84088-5907

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1991200.00

Current Approval Amount

1991200.00

Undisbursed Amount

0.00

Franchise Name

Arctic Circle

Servicing Lender Location Id

72740

Servicing Lender Name

First Utah Bank

Servicing Lender Address

3826 S 2300 East

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-3423

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST JORDAN

Project County Name

SALT LAKE

Project State

UT

Project Zip

84088-5907

CD

UT-04

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

131200.00

Payroll Proceed

1600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

260000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012639.50

Forgiveness Date

05/05/2021

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