Arctic Circle Restaurants, Inc.

$1,991,200 PPP Loan in West Jordan, Utah

Loan Details

Loan Number
4900607001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,991,200
Current Approval
$1,991,200
Forgiveness Amount
$2,012,640
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arctic Circle Restaurants, Inc.
Address
4214 West 8370 South
State
Utah
ZIP Code
84088-5907
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Arctic Circle
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
UT-04

Loan Use Breakdown

Payroll
$1,600,000
Rent
$260,000
Utilities
$131,200

Lender Information

Servicing Lender
First Utah Bank
Originating Lender
First Utah Bank

Other PPP Loans in West Jordan, UT

BusinessApproved
Granger Medical Clinic, PC$8,608,640NewBizBotResearch
C&r Management$7,231,600NewBizBotResearch
Maxim's Nutricare Incorporated$3,543,475NewBizBotResearch
Competitive Staffing LLC$2,882,820NewBizBotResearch
National Benefit Services, LLC$2,626,200NewBizBotResearch

Want to research this company further?

Try NewBizBot free