# PPP loan: WILLIAM THOMAS PHILLIPS, INC
> **$408K** approved 04/06/2020 · Paid in Full · Loan `5866427006`
## Borrower
- **Name:** WILLIAM THOMAS PHILLIPS, INC
- **Address:** 14443 County Rd 198, TYLER, TX, 75703-6932
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 25
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*