AMERICAN FIBER INC (UT) - 2020 PPP Loan Borrower Profile (# 6689677003)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN FIBER 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
6689677003
SBA Office Code
0883
Processing Method
PPP
Curent Loan Amount
$69,000
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$69,430.85
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,300
Payroll Proced
56,000
Rent Proceed
4,600
Health Care Proceed
4,000
Debt Interest Proceed
2,100
Lender
First Utah Bank
Business Detail
Business Type
Corporation
NAICS
517919
Borrower Location
AMERICAN FORK, UT
Project Location
AMERICAN FORK, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.