# PPP loan: PROSPER MARKETPLACE INC.
> **$8.45M** approved 04/15/2020 · Paid in Full · Loan `2056227206`
## Borrower
- **Name:** PROSPER MARKETPLACE INC.
- **Address:** 221 MAIN ST Suite 300, SAN FRANCISCO, CA, 94105-1909
- **NAICS:** 522291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.45M
- **Initial approval:** $8.45M
- **Forgiven:** $8.61M (102%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.34M
- **Mortgage interest:** $2.06M
- **Utilities:** $50K
- **Jobs reported:** 419
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*