Prospect Foundry, LLC

$1,638,612 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
9939327000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,638,612
Current Approval
$1,638,612
Forgiveness Amount
$1,659,443
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Prospect Foundry, LLC
Address
1225 Winter Street NE 0.0
ZIP Code
55413-2604
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (331511)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$24.6M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$1,125,228
Rent
$39,836
Utilities
$266,656
Health Care
$180,303
Debt Interest
$26,589

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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