Labrum Ford, Inc.
$190,498 PPP Loan in Heber City, Utah
Loan Details
- Loan Number
- 5619677101
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $190,498
- Current Approval
- $190,498
- Forgiveness Amount
- $191,735
- Forgiveness Date
- Dec 8, 2020
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Labrum Ford, Inc.
- Address
- 901 So. Main Street
- City
- Heber City
- State
- Utah
- ZIP Code
- 84032-2480
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.0M
- Rural/Urban
- Urban
- Congressional District
- UT-03
Loan Use Breakdown
- Payroll
- $142,875
- Rent
- $25,000
- Utilities
- $11,623
- Health Care
- $6,000
- Debt Interest
- $5,000
Lender Information
- Servicing Lender
- Grand Valley Bank
- Originating Lender
- Grand Valley Bank
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| Rmd Management, Inc. | $1,929,000 | AI Deep Dive |
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