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Show Page 8 The Ogden Valley news Volume XXVII Issue II June 1, 2020 Zions Bank Processes More Than 12,400 PPP Loan Applications, Funding Nearly $1.8 Billion So Far Zions Bank announced May 20 that it had processed and obtained approval on just over 12,400 Paycheck Protection Programs (PPP) loans, totaling $1.78 billion, as of Monday, May 11. These loans were made to small businesses in Utah, Idaho and Wyoming. In Utah, Zions Bank has received approvals on 9,554 loans, totaling $1.34 billion—nearly a quarter (24.8%) of PPP funding approved in the state since the Small Business Administration (SBA) loan program began on April 3. The funding will help preserve payrolls for 143,700 Utah workers, based on applicant data. More than 75% of loans approved were for amounts less than $100,000, and more than 70% of loans were made to businesses with 10 employees or fewer. The median loan size of the loans processed by Zions Bank in Utah was $34,300. Zions Bank will continue processing PPP applications until the more than $100 billion in remaining PPP funds are exhausted. As of early May, the SBA had approved $189 billion of the $310 billion in Round 2 funding. Small businesses, independent contractors, self-employed individuals or nonprofits that qualify and have not yet applied for a loan through this program can visit www.zionsbank.com/cares to begin the application process. As small businesses struggle for muchneeded capital in the wake of the coronavirus crisis, Zions Bank knew it had to help entrepreneurs as the top SBA lender in its market. “Our deep and longstanding relationships in the communities we serve allowed the bank to process Paycheck Protection Program loan applications on an unprecedented level, both for existing clients and new clients,” said Scott Anderson, Zions Bank president and CEO. “Employees have worked around the clock and through weekends on behalf of businesses that represent a broad cross section or demographic groups and geographic areas. We did it because, as the top SBA lender in our market, we knew we had to deliver for local entrepreneurs facing economic challenges.” Claudia Lamas, owner of Claudia’s Child Care in Salt Lake City, said she spent weeks seeking help from various financial institutions, including the one she has an account with, before she emailed a Zions Bank employee who responded to her within hours. Lamas applied for the loan through Zions on the afternoon of April 29 and her $5,100 loan application was approved the next morning. “I wasn’t a customer, I wasn’t a big business,” Lamas said. “My budget is tiny, but they said you qualify, and they treated me like an important client.” The PPP loans also benefitted Utah nonprofit organizations, including Columbus Community Center, which serves individuals with disabilities through housing, employment, training, and day activities. As its different lines of business began to dwindle in mid-March, the organization was making plans to furlough 20 members of it 250-person workforce on April 2, but the chance for a Paycheck Protection Program loan through Zions Bank gave them a lifeline. “This loan was a saving grace. We’re feeling so much better,” said Columbus Community Center CEO Kristy Chambers. “Without the certainty that we would have the ability to preserve our workforce, we wouldn’t be able to innovate and adapt in creative ways.” Additional information is available at <www.zionsbank.com> A division of Zions Bancorporation N.A., Member FDIC. Monte Cristo Highway on May 2. The highway is scheduled to reopen Monday, May 25, Memorial Day. Photo courtesy of Trails Foundation of Northern Utah Facebook page. O GDE N Twenty-one Waterbodies to Check Out on Free Fishing Day If you’d like to catch a fish in Utah’s beautiful outdoors—while social distancing, of course—but you don’t have a fishing license, Free Fishing Day is the perfect opportunity to give it a try. Free Fishing Day will be held Saturday, June 6, and you can fish at any public waterbody in Utah without a license. It makes for a great family activity and is the perfect time to introduce your kids to fishing and get them outdoors. It’s a great day not only for beginning anglers to give fishing a try, but is also a fun time for experienced anglers too. “Because you don’t need a license to fish that day, it’s the perfect time to take a family member with you and introduce them to the sport,” Randy Oplinger, sport fisheries coordinator for the Utah Division of Wildlife Resources, said. “And, early June is one of the best times to fish in Utah. All of the fish in the state, both warm-water and cold-water fish, are active and willing to bite this time of the year.” If you are taking someone fishing for their first time, you can commemorate their first catch with a new DWR certificate. You can print out the certificate at home and fill in the details to document the occasion. Anglers should note that while Free Fishing Day waives the requirement for having a fishing license, entrance fees to state parks and other areas will still apply. Here are some Utah lakes and reservoirs where you should have good fishing and be able to maintain social distancing while celebrating Free Fishing Day: Northern Utah • East Canyon Reservoir (Morgan County) offers rainbow trout, smallmouth bass, wiper, black crappie, brown trout, kokanee salmon, splake and tiger trout. Anglers should have success using a worm to fish for the trout, wiper or smallmouth bass. • Mantua Reservoir (Box Elder County), bluegill, largemouth bass, rainbow trout, yellow perch, green sunfish and smallmouth bass. The bluegill are typically near shore in June, so it’s good fishing for beginners. Northeastern Utah • Flaming Gorge Reservoir (Daggett County) offers burbot, cutthroat trout, kokanee salmon, lake trout, rainbow trout, smallmouth bass, brown trout, channel catfish and common carp • Matt Warner Reservoir (Uintah County), rainbow trout, brown trout and tiger trout • Red Fleet Reservoir (Uintah County), black crappie, mountain whitefish, tiger trout, walleye, wiper, yellow perch, brown and Colorado River cutthroat trout • Moon Lake (Duchesne County), rainbow, tiger and Colorado River cutthroat trout, mountain whitefish, splake, Arctic grayling and kokanee salmon Central Utah • Utah Lake (Utah County) offers northern VA L L E Y, pike (which anglers should keep unless it has a tag), black crappie, bluegill, channel catfish, common carp, walleye, white bass, brown trout and Bonneville cutthroat trout, green sunfish, largemouth bass, yellow perch and June sucker (although anglers should immediately release these since they are endangered). The white bass fishing is hot right now, and other species, like catfish, should provide good fishing action by June. • Yuba Reservoir (Juab County), channel catfish, common carp, northern pike, rainbow trout, smallmouth bass, Utah sucker, walleye, wiper and yellow perch • Jordanelle Reservoir (Wasatch County), brown trout, kokanee salmon, rainbow and Bonneville cutthroat trout, smallmouth bass, Utah chub, wiper, yellow perch, black crappie, largemouth bass, splake, tiger muskie and Utah sucker • Strawberry Reservoir (Wasatch County), rainbow and Bonneville cutthroat trout, and kokanee salmon • Deer Creek Reservoir (Wasatch County), largemouth bass, rainbow and Bonneville cutthroat trout, smallmouth bass, walleye, black bullhead catfish, bluegill, brown trout, common carp, green sunfish, Utah sucker and yellow perch Southeastern Utah • Scofield Reservoir (Carbon County) offers Bear Lake cutthroat, tiger and rainbow trout as well as tiger muskie and wiper • Millsite Reservoir (Emery County), Colorado River cutthroat, rainbow and tiger trout and splake • Recapture Reservoir (San Juan County), black bullhead catfish, bluegill, green sunfish, largemouth bass and northern pike • Blanding Reservoir No. 4 (San Juan County), rainbow and tiger trout and largemouth bass Southern Utah • Enterprise Reservoirs (Washington County) offers rainbow trout, smallmouth bass and green sunfish • Kolob Reservoir (Washington County), cutthroat, brook, tiger and rainbow trout • Paragonah (Red Creek) Reservoir (Iron County), Bonneville cutthroat, tiger and rainbow trout • Yankee Meadow Reservoir (Iron County): Offers Bonneville cutthroat, brook and rainbow trout • Newcastle Reservoir (Iron County), rainbow trout, smallmouth bass, wiper and green sunfish • Kent’s Lake (Beaver County), brown, brook, tiger and rainbow trout Recreate Responsibly - While several COVID-19-related restrictions have recently been lifted, Utahns are still encouraged to practice social distancing while outdoors and FREE FISHING cont. on page 10 U TA H ERA SKYLINE REAL ESTATE Julie Summers Christensen Realtor® 801-745-5781 summersinutah@gmail.com NOW SELLING trapperscrossing.com ASK ABOUT OUR DESIGN BUILD CONCIERGE SERVICE STUNNING VIEW LOTS & HOMES 26 LOTS AVAILABLE NOW RANGING FROM 0.58 TO 1.19 ACRES |
