# PPP loan: ROCKY MOUNTAIN WEST TELECOM, INC.
> **$908K** approved 04/03/2020 · Paid in Full · Loan `4536047002`
## Borrower
- **Name:** ROCKY MOUNTAIN WEST TELECOM, INC.
- **Address:** 22 N 1200 E, NEPHI, UT, 84648-2500
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $908K
- **Initial approval:** $908K
- **Forgiven:** $848K (93%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $898K
- **Rent:** $9K
- **Utilities:** $2K
- **Jobs reported:** 77
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*