# PPP loan: RED ROCK DEMOLITION, INC
> **$359K** approved 04/07/2020 · Paid in Full · Loan `7120717002`
## Borrower
- **Name:** RED ROCK DEMOLITION, INC
- **Address:** 753 East Bryan Ave, SALT LAKE CITY, UT, 84105-2212
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $10K
- **Debt interest:** $12K
- **Jobs reported:** 33
## 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*