# PPP loan: PHOENIX INSULATION COMPANY
> **$661K** approved 04/28/2020 · Paid in Full · Loan `8581397206`
## Borrower
- **Name:** PHOENIX INSULATION COMPANY
- **Address:** 5261 LANGFIELD RD, HOUSTON, TX, 77040-6669
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $661K
- **Initial approval:** $661K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $661K
- **Jobs reported:** 61
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*