# PPP loan: THE PHOENIX RESIDENCE, INC.
> **$1.62M** approved 04/09/2020 · Paid in Full · Loan `9617027001`
## Borrower
- **Name:** THE PHOENIX RESIDENCE, INC.
- **Address:** 330 Marie Avenue E, SAINT PAUL, MN, 55118-3847
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 219
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*