# PPP loan: PROSPECT FOUNDRY, LLC
> **$1.64M** approved 04/09/2020 · Paid in Full · Loan `9939327000`
## Borrower
- **Name:** PROSPECT FOUNDRY, LLC
- **Address:** 1225 Winter Street NE 0.0, Minneapolis, MN, 55413-2604
- **NAICS:** 331511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $40K
- **Utilities:** $267K
- **Health care:** $180K
- **Debt interest:** $27K
- **Jobs reported:** 94
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*