PPP Loan information for Model linen inc

$1,639,400

Model linen inc was initially approved for PPP Loan of amount $1,639,400, the current approved amount is $1,639,400. The loan was approved on 04/07/2020 by The Bank of Utah reported 185 jobs and $1,639,400 was used to fund payroll.

Model linen inc is Existing or more than 2 years old

PPP Loan Search / UT / OGDEN / Model linen inc

MODEL LINEN INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MODEL LINEN INC

Borrower Address

124 E 22ND ST

Borrower City

OGDEN

Borrower State

UT

Borrower Zip

84401-1358

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1639400.00

Current Approval Amount

1639400.00

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

OGDEN

Project County Name

WEBER

Project State

UT

Project Zip

84401-1358

CD

UT-01

Jobs Reported

185

NAICS Code

812332

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

1311520.00

Mortgage Interest Proceed

77880.00

Rent Proceed

150000.00

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

1648517.76

Forgiveness Date

11/03/2020

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