# PPP loan: CULTIVATE MANAGEMENT, LLC
> **$161K** approved 04/27/2020 · Paid in Full · Loan `5019947204`
## Borrower
- **Name:** CULTIVATE MANAGEMENT, LLC
- **Address:** 11447 South 700 East, DRAPER, UT, 84020
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $15K
- **Utilities:** $5K
- **Jobs reported:** 12
## Lender
- **Originating:** First Utah Bank
- **Servicing:** First Utah Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*