# PPP loan: PHOENIX FREIGHT INC
> **$166K** approved 02/04/2021 · Paid in Full · Loan `3314468409`
## Borrower
- **Name:** PHOENIX FREIGHT INC
- **Address:** 50 Tannery Rd Ste 8A, Somerville, NJ, 08876-6034
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*