# PPP loan: PHOENIX ENERGY GROUP, INC
> **$320K** approved 04/28/2020 · Paid in Full · Loan `6910537203`
## Borrower
- **Name:** PHOENIX ENERGY GROUP, INC
- **Address:** 4985 LANCASTER AVENUE, PHILADELPHIA, PA, 19131-4604
- **NAICS:** 486210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 22
## Lender
- **Originating:** Fulton Bank National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*