# PPP loan: PHIL'S PUMPING & FAB, INC.
> **$323K** approved 04/07/2020 · Paid in Full · Loan `7587727009`
## Borrower
- **Name:** PHIL'S PUMPING & FAB, INC.
- **Address:** W1823 COUNTY RD E, CHILTON, WI, 53014-9370
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $30K
- **Utilities:** $10K
- **Jobs reported:** 44
## Lender
- **Originating:** National Exchange Bank and Trust
- **Servicing:** National Exchange Bank and Trust (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*