# PPP loan: PROMPTWORKS, LLC
> **$702K** approved 04/14/2020 · Paid in Full · Loan `5828427103`
## Borrower
- **Name:** PROMPTWORKS, LLC
- **Address:** 123 South Broad Street suite 2400, PHILADELPHIA, PA, 19109-1000
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Rent:** $40K
- **Utilities:** $5K
- **Health care:** $35K
- **Debt interest:** $2K
- **Jobs reported:** 32
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*