# PPP loan: PHOENIX INTERNATIONAL BUSINESS LOGISTICS, INC.
> **$158K** approved 05/02/2020 · Paid in Full · Loan `9724757308`
## Borrower
- **Name:** PHOENIX INTERNATIONAL BUSINESS LOGISTICS, INC.
- **Address:** 1201 CORBIN ST, ELIZABETH, NJ, 07201-2952
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Utilities:** $8K
- **Debt interest:** $30K
- **Jobs reported:** 9
## 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*