# PPP loan: PHAROS CONTRACTING CO INC
> **$164K** approved 01/20/2021 · Paid in Full · Loan `2167808300`
## Borrower
- **Name:** PHAROS CONTRACTING CO INC
- **Address:** 319 Hawthorne Ave, Point Pleasant Beach, NJ, 08742-2540
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 04/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*