# PPP loan: PHOENIX FOOD, LLC
> **$234K** approved 04/11/2020 · Paid in Full · Loan `3468577109`
## Borrower
- **Name:** PHOENIX FOOD, LLC
- **Address:** 1030 Reserve Drive, Canton, TX, 75103-4947
- **NAICS:** 311423
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $8K
- **Mortgage interest:** $4K
- **Utilities:** $7K
- **Jobs reported:** 21
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*