# PPP loan: WILLIAM E PRESCOTT INC
> **$224K** approved 05/01/2020 · Paid in Full · Loan `9616347709`
## Borrower
- **Name:** WILLIAM E PRESCOTT INC
- **Address:** 1455 Airport Road, SUMTER, SC, 29153-8785
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 19
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*