# PPP loan: ALLRED'S INC.
> **$431K** approved 04/15/2020 · Paid in Full · Loan `1659367207`
## Borrower
- **Name:** ALLRED'S INC.
- **Address:** 631 WEST COMMERCE PARK DR, MIDVALE, UT, 84047-5697
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Rent:** $54K
- **Utilities:** $54K
- **Jobs reported:** 45
## Lender
- **Originating:** Altabank, A Division of
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*