# PPP loan: PH ACQUISITION INC
> **$586K** approved 04/10/2020 · Paid in Full · Loan `1324127105`
## Borrower
- **Name:** PH ACQUISITION INC
- **Address:** 2615 W Mockingbird Lane, Ste 101, DALLAS, TX, 75235-5630
- **NAICS:** 423710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Rent:** $73K
- **Utilities:** $73K
- **Jobs reported:** 34
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*