# PPP loan: ARGON TECHNOLOGIES, INC.
> **$635K** approved 04/07/2020 · Paid in Full · Loan `7429857007`
## Borrower
- **Name:** ARGON TECHNOLOGIES, INC.
- **Address:** 457 Deseret Dr. Ste 1, KAYSVILLE, UT, 84037-6884
- **NAICS:** 451110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Health care:** $35K
- **Jobs reported:** 37
## 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*