PPP Loan information for Prospect construction

$2,000,000

Prospect construction was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/07/2021 by The Heritage Bank reported 97 jobs and $2,000,000 was used to fund payroll.

Prospect construction is Existing or more than 2 years old

PROSPECT CONSTRUCTION

Date Approved

05/07/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

PROSPECT CONSTRUCTION

Borrower Address

116 23rd St SE

Borrower City

Puyallup

Borrower State

WA

Borrower Zip

98372-4116

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Puyallup

Project County Name

PIERCE

Project State

WA

Project Zip

98372-4116

CD

WA-10

Jobs Reported

97

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2008438.36

Forgiveness Date

10/14/2021

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