Wine Racks America, INC

$450,808 PPP Loan in North Salt Lake, Utah

Loan Details

Loan Number
6474467209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$450,808
Current Approval
$450,808
Forgiveness Amount
$453,611
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wine Racks America, INC
Address
180 North 700 West
State
Utah
ZIP Code
84054
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (337110)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$383,186
Rent
$27,048
Utilities
$18,032
Health Care
$22,540

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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