# PPP loan: PRESCOTT COLLEGE, INC
> **$1.96M** approved 04/05/2020 · Paid in Full · Loan `5276777006`
## Borrower
- **Name:** PRESCOTT COLLEGE, INC
- **Address:** 220 GROVE AVE, PRESCOTT, AZ, 86301-2912
- **NAICS:** 611310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.96M
- **Initial approval:** $1.96M
- **Forgiven:** $1.99M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.47M
- **Mortgage interest:** $245K
- **Utilities:** $245K
- **Jobs reported:** 181
## 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*