# PPP loan: PHOENIX REFRIGERATION INC
> **$751K** approved 04/16/2020 · Paid in Full · Loan `2942877207`
## Borrower
- **Name:** PHOENIX REFRIGERATION INC
- **Address:** 29333 LORIE LN Suite 200, WIXOM, MI, 48393
- **NAICS:** 423740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $755K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $751K
- **Jobs reported:** 47
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*