# PPP loan: PHASE ONE ENTERPRISES, INC.
> **$426K** approved 04/10/2020 · Paid in Full · Loan `1454257107`
## Borrower
- **Name:** PHASE ONE ENTERPRISES, INC.
- **Address:** 318 DENNISON AVE, SAINT PAUL, MN, 55126-2351
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 49
## Lender
- **Originating:** Drake Bank
- **Servicing:** Drake Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*