# PPP loan: THE AMERICAN PROSPECT, INC.
> **$203K** approved 01/17/2021 · Paid in Full · Loan `1348428309`
## Borrower
- **Name:** THE AMERICAN PROSPECT, INC.
- **Address:** 1225 I St NW, Washington, DC, 20005-3914
- **NAICS:** 511120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $210K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*