# PPP loan: PHELPS CONSTRUCTION GROUP LLC
> **$825K** approved 05/01/2020 · Paid in Full · Loan `8553447309`
## Borrower
- **Name:** PHELPS CONSTRUCTION GROUP LLC
- **Address:** 315 Wootton St.  Unit K, Boonton, NJ, 07005
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $841K (102%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Jobs reported:** 34
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*