# PPP loan: GRAMOL CONSTRUCTION COMPANY
> **$382K** approved 04/10/2020 · Paid in Full · Loan `1658647108`
## Borrower
- **Name:** GRAMOL CONSTRUCTION COMPANY
- **Address:** 175 W 1100 N, NORTH SALT LAKE, UT, 84054-2623
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Mortgage interest:** $11K
- **Utilities:** $5K
- **Health care:** $80K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of Utah
- **Servicing:** Bank of Utah (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*