# PPP loan: CENTRAL VALLEY MEDICAL CENTER
> **$3.38M** approved 04/04/2020 · Paid in Full · Loan `5049097003`
## Borrower
- **Name:** CENTRAL VALLEY MEDICAL CENTER
- **Address:** 48 W 1500 N, NEPHI, UT, 84648-8900
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.38M
- **Initial approval:** $3.38M
- **Forgiven:** $3.18M (94%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.25M
- **Mortgage interest:** $88K
- **Utilities:** $40K
- **Jobs reported:** 220
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*