B&M GAS AND FOOD, INC. (UT) - 2020 PPP Loan Borrower Profile (# 8297227008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B&M GAS AND FOOD, 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

8297227008

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$77,500

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$78,060.55

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,750

Payroll Proced

62,000

Mortgage Interest Proceed

7,750

Lender

Bank of Utah

Business Detail

Business Type

Corporation

NAICS

447110

Borrower Location

CLEARFIELD, UT

Project Location

CLEARFIELD, 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.