# PPP loan: PHILLIPS MUSHROOM FARMS LP
> **$1.62M** approved 04/27/2020 · Paid in Full · Loan `3758147205`
## Borrower
- **Name:** PHILLIPS MUSHROOM FARMS LP
- **Address:** PO Box 190, Kennett Square, PA, 19348
- **NAICS:** 111998
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $405K
- **Jobs reported:** 109
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*