# PPP loan: MADDOX RANCH HOUSE INC
> **$1.17M** approved 04/10/2020 · Paid in Full · Loan `2300737100`
## Borrower
- **Name:** MADDOX RANCH HOUSE INC
- **Address:** 1900 S HIGHWAY 89, BRIGHAM CITY, UT, 84302-4119
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $939K
- **Mortgage interest:** $230K
- **Utilities:** $5K
- **Jobs reported:** 434
## Lender
- **Originating:** Bank of Utah
- **Servicing:** Bank of Utah (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*