# PPP loan: PHOENIX COMPANY INC
> **$162K** approved 05/01/2020 · Paid in Full · Loan `5240617710`
## Borrower
- **Name:** PHOENIX COMPANY INC
- **Address:** 179 HOWARD ST, BOONE, NC, 28607-4038
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 55
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*