Fishbowl repays Zions loan that funded employee buyout

December 29, 2011


The Salt Lake Tribune
December 29, 2011
Source: http://www.sltrib.com/sltrib/money/53201723-79/zions-company-fishbowl-buyout.html.csp

Fishbowl, an Orem-based software company whose programs help businesses manage their inventories, repaid Zions Bank Thursday the $1 million it borrowed in May to fund an employee buyout of the company.

The company said it achieved record growth in 2011 but without the loan from Zions the business could have been sold or broken up.

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