# PPP loan: PHAOSTRON INSTRUMENT AND ELECTRONIC COMPANY INC
> **$326K** approved 04/15/2020 · Paid in Full · Loan `1791477202`
## Borrower
- **Name:** PHAOSTRON INSTRUMENT AND ELECTRONIC COMPANY INC
- **Address:** 717 N CONEY AVE, AZUSA, CA, 91702-2205
- **NAICS:** 334511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $347K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Jobs reported:** 39
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*