# PPP loan: RADIUS ENGINEERING, INC.
> **$767K** approved 01/26/2021 · Paid in Full · Loan `6278578304`
## Borrower
- **Name:** RADIUS ENGINEERING, INC.
- **Address:** 1042 W 2780 S, South Salt Lake, UT, 84119-2412
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $774K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $767K
- **Utilities:** $1
- **Jobs reported:** 40
## 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*