# PPP loan: PRESCOTT BROTHERS INC.
> **$280K** approved 02/10/2021 · Paid in Full · Loan `6712618405`
## Borrower
- **Name:** PRESCOTT BROTHERS INC.
- **Address:** 614 13th Ave, Mendota, IL, 61342-1900
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $281K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 19
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*