# PPP loan: PACIFIC PEARL HOTEL MGMT-PHOENIX LLC
> **$358K** approved 05/01/2020 · Charged Off · Loan `4438247707`
## Borrower
- **Name:** PACIFIC PEARL HOTEL MGMT-PHOENIX LLC
- **Address:** 4000 NORTH CENTRAL AVE, PHOENIX, AZ, 85012
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $261K (73%)
- **Forgiveness date:** 05/26/2022
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $358K
- **Jobs reported:** 36
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*