# PPP loan: TORREON GOLF CLUB, L.L.C.
> **$520K** approved 04/28/2020 · Paid in Full · Loan `6430737205`
## Borrower
- **Name:** TORREON GOLF CLUB, L.L.C.
- **Address:** 7669 E PINNACLE PEAK RD STE 250, SCOTTSDALE, AZ, 85255-3222
- **NAICS:** 713910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Mortgage interest:** $65K
- **Utilities:** $65K
- **Jobs reported:** 83
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*