# PPP loan: THE PHOENIX SOCIETY, INC.
> **$263K** approved 04/27/2020 · Paid in Full · Loan `5451557204`
## Borrower
- **Name:** THE PHOENIX SOCIETY, INC.
- **Address:** 525 OTTAWA AVE NW, GRAND RAPIDS, MI, 49503-1403
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 18
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*