# PPP loan: LRHAMMEL MANAGEMENT, LLC
> **$331K** approved 04/06/2020 · Paid in Full · Loan `5962947009`
## Borrower
- **Name:** LRHAMMEL MANAGEMENT, LLC
- **Address:** 2471 South 1700 East, SALT LAKE CITY, UT, 84106-3632
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $19K
- **Health care:** $11K
- **Debt interest:** $50K
- **Jobs reported:** 187
## Lender
- **Originating:** First Utah Bank
- **Servicing:** First Utah Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*