# PPP loan: PHILA RI INC.
> **$306K** approved 01/21/2021 · Paid in Full · Loan `3186218300`
## Borrower
- **Name:** PHILA RI INC.
- **Address:** 41 University Dr Ste 105, Newtown, PA, 18940-1873
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** American Heritage FCU
- **Servicing:** American Heritage FCU (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*