# PPP loan: PHASE DIAGNOSTICS INC
> **$239K** approved 05/24/2020 · Paid in Full · Loan `2856327809`
## Borrower
- **Name:** PHASE DIAGNOSTICS INC
- **Address:** 10527 GARDEN GROVE BLVD, GARDEN GROVE, CA, 92843
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Mortgage interest:** $60K
- **Jobs reported:** 13
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*