# PPP loan: PHILMAR MANAGEMENT
> **$598K** approved 01/28/2021 · Paid in Full · Loan `7427698304`
## Borrower
- **Name:** PHILMAR MANAGEMENT
- **Address:** 2605 S Espina St, Las Cruces, NM, 88001-5615
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $598K
- **Initial approval:** $598K
- **Forgiven:** $606K (101%)
- **Forgiveness date:** 06/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $598K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*