# PPP loan: PHOENIX ENERGY GROUP INC
> **$320K** approved 03/26/2021 · Paid in Full · Loan `1137578700`
## Borrower
- **Name:** PHOENIX ENERGY GROUP INC
- **Address:** 4985 Lancaster Ave, Philadelphia, PA, 19131-4604
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Fulton Bank National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*