# PPP loan: PHOONG LAW CORP
> **$150K** approved 04/09/2020 · Paid in Full · Loan `9706377003`
## Borrower
- **Name:** PHOONG LAW CORP
- **Address:** 2725 Riverside Blvd, SACRAMENTO, CA, 95818-2929
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 22
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*