# PPP loan: MENDENHALL EQUIPMENT CO.
> **$227K** approved 03/03/2021 · Paid in Full · Loan `6370128508`
## Borrower
- **Name:** MENDENHALL EQUIPMENT CO.
- **Address:** 880 W 100 N, North Salt Lake, UT, 84054-2906
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 16
## 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*