# PPP loan: PHOENIX HOUSES OF LOS ANGELES, INC.
> **$715K** approved 04/09/2020 · Paid in Full · Loan `9891387007`
## Borrower
- **Name:** PHOENIX HOUSES OF LOS ANGELES, INC.
- **Address:** 11600 ELDRIDGE AVE, SYLMAR, CA, 91342-6506
- **NAICS:** 622210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $715K
- **Initial approval:** $715K
- **Forgiven:** $720K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $676K
- **Rent:** $10K
- **Utilities:** $30K
- **Jobs reported:** 72
## Lender
- **Originating:** Axos Bank
- **Servicing:** Axos Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*