# PPP loan: BEST VALUE WHEEL & TIRE INC.
> **$217K** approved 04/04/2020 · Paid in Full · Loan `4681407010`
## Borrower
- **Name:** BEST VALUE WHEEL & TIRE INC.
- **Address:** 4380 West 2100 South, SALT LAKE CITY, UT, 84120-1216
- **NAICS:** 423140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $193K (89%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $34K
- **Utilities:** $11K
- **Jobs reported:** 17
## Lender
- **Originating:** Deseret First FCU
- **Servicing:** Deseret First FCU (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*