# PPP loan: CULLUM DEVELOPMENT INC.
> **$536K** approved 04/15/2020 · Paid in Full · Loan `1908367209`
## Borrower
- **Name:** CULLUM DEVELOPMENT INC.
- **Address:** 14746 N 78th Way, SCOTTSDALE, AZ, 85260-2969
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Rent:** $44K
- **Utilities:** $7K
- **Health care:** $55K
- **Jobs reported:** 36
## Lender
- **Originating:** Arizona Financial Credit Union
- **Servicing:** Arizona Financial Credit Union (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*