# PPP loan: THE PROSPECTOR APPAREL & SPORT
> **$225K** approved 04/11/2020 · Paid in Full · Loan `3236947103`
## Borrower
- **Name:** THE PROSPECTOR APPAREL & SPORT
- **Address:** 200 EGAN DRIVE, VALDEZ, AK, 99686
- **NAICS:** 451110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Mortgage interest:** $20K
- **Utilities:** $15K
- **Jobs reported:** 32
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*