# PPP loan: PHOENIX LASER SOLUTIONS
> **$365K** approved 02/01/2021 · Paid in Full · Loan `1382518403`
## Borrower
- **Name:** PHOENIX LASER SOLUTIONS
- **Address:** 7799 McHenry St, Meadville, PA, 16335-9004
- **NAICS:** 332811
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 05/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 128
## Lender
- **Originating:** Marquette Savings Bank
- **Servicing:** Marquette Savings Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*