# PPP loan: PHIL PEARSON INC.
> **$200K** approved 05/01/2020 · Paid in Full · Loan `8565377309`
## Borrower
- **Name:** PHIL PEARSON INC.
- **Address:** 2889 Kiowa Bl. N., lake havasu city, AZ, 86404-2603
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $232K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 20
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*