Thursday, December 29, 2011

Fishbowl Trumpets Loan Repayment

Salt Lake City-based Fishbowl, the developer of inventory management software, announced this morning that it has repaid a loan to Zions Bank, early, after a successful employee buyback by the company. The firm said it prepaid Zion Banks with a $1M check, which enabled the employees to buy a "critical piece" of the firm as part of an employee buyback in May.