Prospect Mining and Development Company LLC

$452,592 PPP Loan in Jasper, Alabama

Loan Details

Loan Number
3814908504
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$452,592
Current Approval
$452,592
Forgiveness Amount
$459,670
Forgiveness Date
Sep 13, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Prospect Mining and Development Company LLC
Address
2002 2nd Ave S
City
Jasper
State
Alabama
ZIP Code
35501-5895
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212112)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$452,590
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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