# PPP loan: PHASE 1 CONSTRUCTION
> **$406K** approved 02/10/2021 · Paid in Full · Loan `6208608403`
## Borrower
- **Name:** PHASE 1 CONSTRUCTION
- **Address:** 1084 Shaffer Rd, Atwater, CA, 95301-4613
- **NAICS:** 238910
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $406K
- **Jobs reported:** 26
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*