# PPP loan: VALLEY HOSPICE OF ARIZONA INC
> **$350K** approved 05/15/2020 · Charged Off · Loan `6782537404`
## Borrower
- **Name:** VALLEY HOSPICE OF ARIZONA INC
- **Address:** 1350 East McKellips Road, Mesa, AZ, 85203
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $44K
- **Utilities:** $44K
- **Jobs reported:** 28
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*