# PPP loan: PHILMONT MANAGEMENT INC
> **$1.06M** approved 01/28/2021 · Paid in Full · Loan `7777238306`
## Borrower
- **Name:** PHILMONT MANAGEMENT INC
- **Address:** 3450 Wilshire Blvd # 850850, Los Angeles, CA, 90010-2208
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 83
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*