# PPP loan: CADENCE SL POWAY, LLC
> **$487K** approved 04/27/2020 · Paid in Full · Loan `5732487203`
## Borrower
- **Name:** CADENCE SL POWAY, LLC
- **Address:** 8501 N SCOTTSDALE RD STE 255, SCOTTSDALE, AZ, 85253-2752
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $491K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $37K
- **Utilities:** $40K
- **Health care:** $10K
- **Jobs reported:** 66
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*