# PPP loan: PHOENIX PRECISION INC
> **$249K** approved 04/28/2020 · Paid in Full · Loan `9910477202`
## Borrower
- **Name:** PHOENIX PRECISION INC
- **Address:** 2963 Route 23 South, NEWFOUNDLAND, NJ, 07435
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 19
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*