PPP Loan information for Prime energy, inc

$313,632

Prime energy, inc was initially approved for PPP Loan of amount $313,632, the current approved amount is $313,632. The loan was approved on 05/07/2020 by The Uwharrie Bank reported 32 jobs and $313,632 was used to fund payroll.

Prime energy, inc is Existing or more than 2 years old

PPP Loan Search / NC / CONCORD / Prime energy, inc

PRIME ENERGY, INC

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRIME ENERGY, INC

Borrower Address

173 FURR AVE NW

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-5920

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313632.00

Current Approval Amount

313632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-5920

CD

NC-12

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

313632.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317038.39

Forgiveness Date

06/10/2021

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