# PPP loan: PHOENIX COMPOSITE SOLUTIONS LLC
> **$1.08M** approved 04/09/2020 · Paid in Full · Loan `9978337006`
## Borrower
- **Name:** PHOENIX COMPOSITE SOLUTIONS LLC
- **Address:** 5911 MISSION STREET, OSCODA, MI, 48750-1544
- **NAICS:** 336412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Rent:** $28K
- **Utilities:** $52K
- **Jobs reported:** 117
## Lender
- **Originating:** Huron Community Bank
- **Servicing:** Huron Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*