# PPP loan: INTERMOUNTAIN CEDAR INC.
> **$152K** approved 04/16/2020 · Charged Off · Loan `2768337202`
## Borrower
- **Name:** INTERMOUNTAIN CEDAR INC.
- **Address:** 1115 S 2860 E, HEBER CITY, UT, 84032
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $24K (16%)
- **Forgiveness date:** 02/09/2021
- **Status:** Charged Off
- **Term:** 44 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 16
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*