# PPP loan: PROSPECT MINING AND DEVELOPMENT COMPANY LLC
> **$453K** approved 02/24/2021 · Paid in Full · Loan `3814908504`
## Borrower
- **Name:** PROSPECT MINING AND DEVELOPMENT COMPANY LLC
- **Address:** 2002 2nd Ave S, Jasper, AL, 35501-5895
- **NAICS:** 212112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $460K (102%)
- **Forgiveness date:** 09/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $453K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*