# PPP loan: SP VENTURES
> **$331K** approved 04/15/2020 · Paid in Full · Loan `1157357204`
## Borrower
- **Name:** SP VENTURES
- **Address:** 12577 S  265 W Ste 3A, DRAPER, UT, 84020-5407
- **NAICS:** 561740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $3K
- **Health care:** $80K
- **Jobs reported:** 41
## Lender
- **Originating:** Bank of Utah
- **Servicing:** Bank of Utah (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*