# PPP loan: RADIUS ENGINEERING, INC.
> **$724K** approved 04/28/2020 · Paid in Full · Loan `7177867209`
## Borrower
- **Name:** RADIUS ENGINEERING, INC.
- **Address:** 1042 West 2780 South, WEST VALLEY CITY, UT, 84119
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $724K
- **Initial approval:** $724K
- **Forgiven:** $731K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $616K
- **Rent:** $46K
- **Utilities:** $13K
- **Health care:** $47K
- **Jobs reported:** 43
## 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*