# PPP loan: VERDE POWER SALES LLC
> **$218K** approved 04/15/2020 · Paid in Full · Loan `2172167209`
## Borrower
- **Name:** VERDE POWER SALES LLC
- **Address:** 7777 E Paradise Lane #106, SCOTTSDALE, AZ, 85260-1627
- **NAICS:** 335311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $314K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $9K
- **Health care:** $17K
- **Jobs reported:** 12
## 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*