# PPP loan: E. C. PHILLIPS AND SON INC.
> **$1.59M** approved 02/02/2021 · Paid in Full · Loan `1811038400`
## Borrower
- **Name:** E. C. PHILLIPS AND SON INC.
- **Address:** 1775 TONGASS AVE, KETCHIKAN, AK, 99901
- **NAICS:** 311710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Utilities:** $1
- **Jobs reported:** 124
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*