APPLIED MINERALS INC (UT) - 2020 PPP Loan Borrower Profile (# 4402078502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLIED MINERALS 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

4402078502

SBA Office Code

0883

Processing Method

PPS

Curent Loan Amount

$264,472

Date Loan was Approved

Feb 25, 2021

Amount Forgiven

$266,203.75

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

264,471

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

212324

Borrower Location

EUREKA, UT

Project Location

EUREKA, UT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.