PPP Loan information for Prime electric llc

$308,510

Prime electric llc was initially approved for PPP Loan of amount $266,843, the current approved amount is $308,510. The loan was approved on 04/28/2020 by The Eastern Connecticut Savings Bank reported 21 jobs and $308,510 was used to fund payroll.

Prime electric llc is Existing or more than 2 years old

PPP Loan Search / CT / NORWICH / Prime electric llc

PRIME ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PRIME ELECTRIC LLC

Borrower Address

33 WISCONSIN AVE

Borrower City

NORWICH

Borrower State

CT

Borrower Zip

06360-7517

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266843.00

Current Approval Amount

308510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78703

Servicing Lender Name

Eastern Connecticut Savings Bank

Servicing Lender Address

257 Main St

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWICH

Project County Name

NEW LONDON

Project State

CT

Project Zip

06360-7517

CD

CT-02

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308510.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

78703

Originating Lender

Eastern Connecticut Savings Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

310014.51

Forgiveness Date

11/03/2020

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