# PPP loan: PHELPS ENGINEERING, INC
> **$580K** approved 04/14/2020 · Paid in Full · Loan `7209737102`
## Borrower
- **Name:** PHELPS ENGINEERING, INC
- **Address:** 1270 N. WINCHESTER ST, OLATHE, KS, 66061-5878
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $580K
- **Jobs reported:** 44
## Lender
- **Originating:** Enterprise Bank & Trust
- **Servicing:** Enterprise Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*