Prescott, AZ — PPP Loan Data

Prescott, Arizona received 1,953 Paycheck Protection Program loans totaling $137.2M. The average loan in the city was $70,258 — above the national program average of approximately $67,000.

96.0% of loans in Prescott — totaling $132.0M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Prescott were PAUL JOHNSON DRYWALL, INC. ($5,497,600), FANN CONTRACTING, INC. ($3,290,600), and CROSSFIT, INC ($3,183,300).

The most active industry sector in Prescott was Accommodation and Food Services with 84 loans worth $7.4M, followed by Offices of Real Estate Agents and Brokers (83 loans).

Applicants in Prescott reported retaining 17,161 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Prescott is part of Arizona, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.