# PPP loan: MAXWELL PRODUCTS, INC.
> **$769K** approved 04/15/2020 · Paid in Full · Loan `8701877105`
## Borrower
- **Name:** MAXWELL PRODUCTS, INC.
- **Address:** 650 South Delong Street, SALT LAKE CITY, UT, 84104
- **NAICS:** 488490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $769K
- **Initial approval:** $769K
- **Forgiven:** $774K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $769K
- **Jobs reported:** 42
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*