# PPP loan: PHOENIX LEATHER GOODS LLC
> **$185K** approved 04/27/2020 · Paid in Full · Loan `5509217200`
## Borrower
- **Name:** PHOENIX LEATHER GOODS LLC
- **Address:** 607 Bourbon LN, Naperville, IL, 60565
- **NAICS:** 448110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $19K
- **Utilities:** $740
- **Health care:** $5K
- **Jobs reported:** 22
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*