# PPP loan: WEST VENTURES INC.
> **$309K** approved 04/15/2020 · Paid in Full · Loan `1129687201`
## Borrower
- **Name:** WEST VENTURES INC.
- **Address:** 500 S Hopi Ave, PARKER, AZ, 85344-4505
- **NAICS:** 488410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Rent:** $7K
- **Utilities:** $6K
- **Health care:** $7K
- **Jobs reported:** 32
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*