# PPP loan: PHOENIX LANDSCAPING INC.
> **$177K** approved 04/05/2020 · Paid in Full · Loan `5533637001`
## Borrower
- **Name:** PHOENIX LANDSCAPING INC.
- **Address:** 3316 N RIVERSIDE DR, JOHNSBURG, IL, 60051
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $26K
- **Debt interest:** $9K
- **Jobs reported:** 33
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*