# PPP loan: ELLY'S OF PHOENIX INC.
> **$178K** approved 04/28/2020 · Paid in Full · Loan `8487227205`
## Borrower
- **Name:** ELLY'S OF PHOENIX INC.
- **Address:** 100 E CAMELBACK RD, PHOENIX, AZ, 85012-1063
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Mortgage interest:** $27K
- **Utilities:** $18K
- **Jobs reported:** 28
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*