# PPP loan: BACKMAN TITLE COMPANY OF UTAH
> **$1.33M** approved 04/10/2020 · Paid in Full · Loan `2540677105`
## Borrower
- **Name:** BACKMAN TITLE COMPANY OF UTAH
- **Address:** 7070 UNION PARK AVE #100, MIDVALE, UT, 84047-4100
- **NAICS:** 541191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.33M
- **Initial approval:** $1.33M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Jobs reported:** 109
## Lender
- **Originating:** Community Banks of Colorado, A Division of
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*