# PPP loan: PHOENIX SECURITY SOLUTIONS, INC.
> **$471K** approved 04/28/2020 · Paid in Full · Loan `7850947210`
## Borrower
- **Name:** PHOENIX SECURITY SOLUTIONS, INC.
- **Address:** 1319 17TH AVE S SUITE B, MYRTLE BEACH, SC, 29577
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $471K
- **Initial approval:** $471K
- **Forgiven:** $474K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Utilities:** $118K
- **Jobs reported:** 103
## Lender
- **Originating:** Anderson Brothers Bank
- **Servicing:** Anderson Brothers Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*