Phillips Foods, Inc.

$854,900 PPP Loan in Halethorpe, Maryland

Loan Details

Loan Number
4951927003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$854,900
Current Approval
$854,900
Forgiveness Amount
$864,399
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phillips Foods, Inc.
Address
3761 Commerce Dr Ste 413
ZIP Code
21227-1633
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.4M
Rural/Urban
Urban
Congressional District
MD-07

Loan Use Breakdown

Payroll
$641,175
Utilities
$106,863
Mortgage Interest
$106,863

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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