# PPP loan: CTOU, INC.
> **$875K** approved 04/12/2020 · Paid in Full · Loan `4160077110`
## Borrower
- **Name:** CTOU, INC.
- **Address:** 5209 West 700 South, SALT LAKE CITY, UT, 84104-4452
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $875K
- **Jobs reported:** 57
## 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*