# PPP loan: PROSPECT CONGREGATE HOUSING, INC.
> **$406K** approved 04/04/2020 · Paid in Full · Loan `5010397002`
## Borrower
- **Name:** PROSPECT CONGREGATE HOUSING, INC.
- **Address:** 1400 N. PROSPECT AVE, MILWAUKEE, WI, 53202-3018
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Rent:** $101K
- **Jobs reported:** 62
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*