# PPP loan: PHOENIX BINDING CORP
> **$303K** approved 01/29/2021 · Paid in Full · Loan `8495118301`
## Borrower
- **Name:** PHOENIX BINDING CORP
- **Address:** 690 Hilltop Dr, Itasca, IL, 60143-1326
- **NAICS:** 323117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $302K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*