# PPP loan: PHASE CHANGE ENERGY SOLUTIONS, INC.
> **$835K** approved 04/28/2020 · Paid in Full · Loan `1382577305`
## Borrower
- **Name:** PHASE CHANGE ENERGY SOLUTIONS, INC.
- **Address:** 120 East Pritchard Street, Asheboro, NC, 27203
- **NAICS:** 444110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $835K
- **Initial approval:** $835K
- **Forgiven:** $846K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $834K
- **Mortgage interest:** $1K
- **Jobs reported:** 60
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*