# PPP loan: UTOPIA FARMS II LLC
> **$2.46M** approved 04/14/2020 · Charged Off · Loan `7445277108`
## Borrower
- **Name:** UTOPIA FARMS II LLC
- **Address:** 43175 SR 70E PO Box 250, Myakka City, FL, 34251
- **NAICS:** 111219
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.46M
- **Initial approval:** $2.46M
- **Forgiven:** $2.23M (91%)
- **Forgiveness date:** 11/30/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $1.85M
- **Rent:** $308K
- **Utilities:** $308K
- **Jobs reported:** 416
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Greater Nevada CU (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*