# PPP loan: PROTOTYPE IT, LLC.
> **$688K** approved 04/15/2020 · Paid in Full · Loan `1669817204`
## Borrower
- **Name:** PROTOTYPE IT, LLC.
- **Address:** 5870 LONG PRAIRIE RD, FLOWER MOUND, TX, 75028
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $688K
- **Initial approval:** $688K
- **Forgiven:** $693K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Rent:** $75K
- **Mortgage interest:** $40K
- **Utilities:** $37K
- **Health care:** $36K
- **Debt interest:** $20K
- **Jobs reported:** 60
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*