ADIBS RUG GALLERY INC (UT) - 2020 PPP Loan Borrower Profile (# 4439917709)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADIBS RUG GALLERY 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

4439917709

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$140,515

Date Loan was Approved

May 1, 2020

Amount Forgiven

$141,827.76

Date Loan was Forgiven

Apr 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

140,515

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

442210

Borrower Location

SALT LAKE CITY, UT

Project Location

SALT LAKE CITY, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.