# PPP loan: PHAROS MARINE AUTOMATIC POWER INC.
> **$562K** approved 01/23/2021 · Paid in Full · Loan `4147528301`
## Borrower
- **Name:** PHAROS MARINE AUTOMATIC POWER INC.
- **Address:** 10810 W Little York Rd, Houston, TX, 77041-4050
- **NAICS:** 334511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $565K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $562K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*