# PPP loan: PRISM PUBLISHING, INC.
> **$171K** approved 05/01/2020 · Charged Off · Loan `8174187303`
## Borrower
- **Name:** PRISM PUBLISHING, INC.
- **Address:** 7474 CREEDMOOR RD, Suite 104, Raleigh, NC, 27613
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $47K (27%)
- **Forgiveness date:** 03/22/2023
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 12
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*