# PPP loan: DOLLAR PHONE SERVICES INC
> **$365K** approved 03/24/2021 · Charged Off · Loan `7591818610`
## Borrower
- **Name:** DOLLAR PHONE SERVICES INC
- **Address:** 34 Franklin Ave Ste 220, Brooklyn, NY, 11205-1221
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $349K (96%)
- **Forgiveness date:** 03/24/2022
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*