# PPP loan: PHOENIX ROOFING & CONSTRUCTION, INC.
> **$523K** approved 05/01/2020 · Charged Off · Loan `1371387704`
## Borrower
- **Name:** PHOENIX ROOFING & CONSTRUCTION, INC.
- **Address:** 5039 Tamiami Trail E, NAPLES, TX, 34113
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $441K
- **Rent:** $65K
- **Utilities:** $8K
- **Debt interest:** $10K
- **Jobs reported:** 380
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*