# PPP loan: HOLLAND EQUIPMENT COMPANY
> **$287K** approved 04/27/2020 · Paid in Full · Loan `5834357200`
## Borrower
- **Name:** HOLLAND EQUIPMENT COMPANY
- **Address:** 2870 West 2100 South, WEST VALLEY CITY, UT, 84119
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 11/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $33K
- **Utilities:** $9K
- **Debt interest:** $5K
- **Jobs reported:** 25
## Lender
- **Originating:** First Utah Bank
- **Servicing:** First Utah Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*