PPP Loan information for Phillips foods, inc.

$854,900

Phillips foods, inc. was initially approved for PPP Loan of amount $854,900, the current approved amount is $854,900. The loan was approved on 04/04/2020 by The PNC Bank, National Association reported 49 jobs and $854,900 was used to fund payroll.

Phillips foods, inc. is Existing or more than 2 years old

PHILLIPS FOODS, INC.

Date Approved

04/04/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PHILLIPS FOODS, INC.

Borrower Address

3761 COMMERCE DR STE 413

Borrower City

HALETHORPE

Borrower State

MD

Borrower Zip

21227-1633

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

854900.00

Current Approval Amount

854900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HALETHORPE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21227-1633

CD

MD-07

Jobs Reported

49

NAICS Code

493110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

106862.50

Payroll Proceed

641175.00

Mortgage Interest Proceed

106862.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

864398.89

Forgiveness Date

05/12/2021

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