# PPP loan: PHASETRONICS, INC.
> **$1.33M** approved 04/09/2020 · Paid in Full · Loan `9662777002`
## Borrower
- **Name:** PHASETRONICS, INC.
- **Address:** 1600 Sunshine Drive 0.0, Clearwater, FL, 33765-1316
- **NAICS:** 335314
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.33M
- **Initial approval:** $1.33M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $70K
- **Utilities:** $31K
- **Health care:** $169K
- **Jobs reported:** 115
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*