Ore Designs, Inc.

$758,090 PPP Loan in Woods Cross, Utah

Loan Details

Loan Number
2461967209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$758,090
Current Approval
$758,090
Forgiveness Amount
$768,202
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ore Designs, Inc.
Address
1972 W 2425 S
State
Utah
ZIP Code
84087
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332323)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$652,500
Rent
$80,000
Utilities
$9,300
Health Care
$15,000
Debt Interest
$1,290

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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