# PPP loan: PHILLIPS COLLECTION INC.
> **$603K** approved 03/27/2021 · Paid in Full · Loan `1451168704`
## Borrower
- **Name:** PHILLIPS COLLECTION INC.
- **Address:** 916 Finch Ave, High Point, NC, 27263-1624
- **NAICS:** 423210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $603K
- **Utilities:** $1
- **Jobs reported:** 43
## 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*