A&K RAILROAD MATERIALS, INC. (UT) - 2020 PPP Loan Borrower Profile (# 1581527108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&K RAILROAD MATERIALS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Utah.

Loan Detail

Loan Number

1581527108

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$2,708,800

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$2,739,227.62

Date Loan was Forgiven

Jun 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

2,708,800

Lender

Zions Bank, A Division of

Business Detail

Business Type

Subchapter S Corporation

NAICS

423990

Borrower Location

SALT LAKE CITY, UT

Project Location

SALT LAKE CITY, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

250

Business Age Description

Existing or more than 2 years old

Data Source: SBA.