# PPP loan: THE AMERICAN PROSPECT
> **$171K** approved 04/27/2020 · Paid in Full · Loan `5598077207`
## Borrower
- **Name:** THE AMERICAN PROSPECT
- **Address:** 1225 I Street NW Suite 600, Washington, DC, 20005
- **NAICS:** 323111
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 12
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*