# PPP loan: PRESCOTT METAL
> **$943K** approved 04/03/2020 · Paid in Full · Loan `4401407006`
## Borrower
- **Name:** PRESCOTT METAL
- **Address:** 18 Morin Street, BIDDEFORD, ME, 04005-4413
- **NAICS:** 332439
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $949K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $943K
- **Jobs reported:** 74
## Lender
- **Originating:** Saco & Biddeford Savings Institution
- **Servicing:** Saco & Biddeford Savings Institution (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*