New Matco, Inc.

$129,845 PPP Loan in Woods Cross, Utah

Loan Details

Loan Number
8806477001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$129,845
Current Approval
$129,845
Forgiveness Amount
$130,553
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Matco, Inc.
Address
2361 South 1560 West
State
Utah
ZIP Code
84087-2364
Business Type
Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
UT-02

Loan Use Breakdown

Payroll
$97,384
Rent
$27,461
Utilities
$5,000

Lender Information

Servicing Lender
Glacier Bank
Originating Lender
Altabank, a Division of

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