# PPP loan: PRESCIENT DEVELOPMENT INC.
> **$1.86M** approved 04/07/2020 · Paid in Full · Loan `6991307009`
## Borrower
- **Name:** PRESCIENT DEVELOPMENT INC.
- **Address:** 1515 Woodfield # 880, SCHAUMBURG, IL, 60173
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.86M
- **Jobs reported:** 109
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*