# PPP loan: PEARSON'S ENTERPRISES INC
> **$452K** approved 02/05/2021 · Paid in Full · Loan `3812468401`
## Borrower
- **Name:** PEARSON'S ENTERPRISES INC
- **Address:** 1904 N Black Canyon Hwy, Phoenix, AZ, 85009-2914
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $458K (101%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $452K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Horizon Community Bank
- **Servicing:** Arizona Financial Credit Union (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*