# PPP loan: WATERFORD INSTITUTE, INC.
> **$3.41M** approved 04/13/2020 · Exemption 4 · Loan `5229347101`
## Borrower
- **Name:** WATERFORD INSTITUTE, INC.
- **Address:** 1590 East 9400 South, SANDY, UT, 84093-3009
- **NAICS:** 541511
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.41M
- **Initial approval:** $3.41M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.41M
- **Jobs reported:** 243
## 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*