PPP Loan information for Prime electric inc

$250,000

Prime electric inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 03/09/2021 by The DreamSpring reported 17 jobs and $250,000 was used to fund payroll.

Prime electric inc is Existing or more than 2 years old

PRIME ELECTRIC INC

Date Approved

03/09/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

PRIME ELECTRIC INC

Borrower Address

3312 Girard Blvd NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87107-1931

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

506410

Servicing Lender Name

DreamSpring

Servicing Lender Address

2000 Zearing Ave. NW

Servicing Lender City

Albuquerque

Servicing Lender State

NM

Servicing Lender Zip

87104

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87107-1931

CD

NM-01

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249996.00

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

Corporation

Originating Lender Location Id

506410

Originating Lender

DreamSpring

Originating Lender City

Albuquerque

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252194.44

Forgiveness Date

01/21/2022

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