# PPP loan: PHOENIX ELECTRIC COMPANY, INC.
> **$1.62M** approved 04/27/2020 · Paid in Full · Loan `4988967204`
## Borrower
- **Name:** PHOENIX ELECTRIC COMPANY, INC.
- **Address:** 1350 Van Dyke Ave, SAN FRANCISCO, CA, 94124-3313
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 110
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*