# PPP loan: GOLDEN SPIKE POWER SPORTS INC.
> **$171K** approved 04/14/2020 · Paid in Full · Loan `6680697100`
## Borrower
- **Name:** GOLDEN SPIKE POWER SPORTS INC.
- **Address:** 1352 West Main, TREMONTON, UT, 84337
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Health care:** $14K
- **Jobs reported:** 29
## Lender
- **Originating:** D. L. Evans Bank
- **Servicing:** D. L. Evans Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*