# PPP loan: PHASEX CORPORATION
> **$708K** approved 04/06/2020 · Paid in Full · Loan `6072967007`
## Borrower
- **Name:** PHASEX CORPORATION
- **Address:** 125 Flagship Dr, NORTH ANDOVER, MA, 01845-6119
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $708K
- **Initial approval:** $708K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $708K
- **Jobs reported:** 33
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*