# PPP loan: PHILLIPS DIVERSIFIED MANUFACTURING
> **$937K** approved 02/03/2021 · Paid in Full · Loan `2706468403`
## Borrower
- **Name:** PHILLIPS DIVERSIFIED MANUFACTURING
- **Address:** 120 Industrial Park Rd, Manchester, KY, 40962-7235
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $937K
- **Initial approval:** $937K
- **Forgiven:** $948K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $937K
- **Utilities:** $1
- **Jobs reported:** 233
## Lender
- **Originating:** Community Trust Bank, Inc.
- **Servicing:** Community Trust Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*