# PPP loan: BIOMET WEST, INC.
> **$1.05M** approved 04/28/2020 · Paid in Full · Loan `8445637201`
## Borrower
- **Name:** BIOMET WEST, INC.
- **Address:** 4535 S 300 W, SALT LAKE CITY, UT, 84107
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Rent:** $34K
- **Jobs reported:** 50
## 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*