# PPP loan: PHILLIPS COMPANIES
> **$1.03M** approved 04/05/2020 · Paid in Full · Loan `5159397000`
## Borrower
- **Name:** PHILLIPS COMPANIES
- **Address:** 620 PHILLIPS DR, BEAVERCREEK TOWNSHIP, OH, 45434-7230
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $820K
- **Rent:** $51K
- **Utilities:** $51K
- **Health care:** $103K
- **Jobs reported:** 99
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*