CHUMS INC. (UT) - 2020 PPP Loan Borrower Profile (# 4884578305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHUMS 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
4884578305
SBA Office Code
0883
Processing Method
PPS
Curent Loan Amount
$780,675
Date Loan was Approved
Jan 23, 2021
Amount Forgiven
$784,931.28
Date Loan was Forgiven
Aug 16, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
780,671
Lender
First Interstate Bank

Business Detail

Business Type
Corporation
NAICS
315990
Borrower Location
Salt Lake City, UT
Project Location
Salt Lake City, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
69
Business Age Description
Existing or more than 2 years old
Data Source: SBA.