# PPP loan: PHILIPS DEVELOPMENT CENTER
> **$399K** approved 02/10/2021 · Paid in Full · Loan `6307668405`
## Borrower
- **Name:** PHILIPS DEVELOPMENT CENTER
- **Address:** 1221 W Highway 49, West Helena, AR, 72390-1716
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $400K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $399K
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** Partners Bank
- **Servicing:** Partners Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*