# PPP loan: CAO GROUP, INC.
> **$677K** approved 04/09/2020 · Paid in Full · Loan `9598087001`
## Borrower
- **Name:** CAO GROUP, INC.
- **Address:** 4628 W. Skyhawk Drive,, WEST JORDAN, UT, 84084-4501
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $684K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Health care:** $74K
- **Debt interest:** $55K
- **Jobs reported:** 58
## 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*