# PPP loan: PHILLIPS SOIL PRODUCTS INC
> **$166K** approved 04/27/2020 · Paid in Full · Loan `4792927201`
## Borrower
- **Name:** PHILLIPS SOIL PRODUCTS INC
- **Address:** 26050 S HIGHWAY 170, CANBY, OR, 97013-9308
- **NAICS:** 325314
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $14K
- **Utilities:** $28K
- **Jobs reported:** 12
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*