# PPP loan: GALAXY RESOURCES, LLC
> **$355K** approved 05/06/2020 · Charged Off · Loan `2637417409`
## Borrower
- **Name:** GALAXY RESOURCES, LLC
- **Address:** 2880 S MAIN ST #220, SALT LAKE CITY, UT, 84115
- **NAICS:** 561311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $119K (34%)
- **Forgiveness date:** 12/09/2021
- **Status:** Charged Off
- **Term:** 89 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 69
## Lender
- **Originating:** America First FCU
- **Servicing:** America First FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*