PPP Loan information for Prime electric motor repairs inc.

$402,160

Prime electric motor repairs inc. was initially approved for PPP Loan of amount $402,160, the current approved amount is $402,160. The loan was approved on 02/12/2021 by The JPMorgan Chase Bank, National Association reported 40 jobs and $402,160 was used to fund payroll.

Prime electric motor repairs inc. is Existing or more than 2 years old

PPP Loan Search / NY / Long Island City / Prime electric motor repairs inc.

PRIME ELECTRIC MOTOR REPAIRS INC.

Date Approved

02/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

PRIME ELECTRIC MOTOR REPAIRS INC.

Borrower Address

4850 33rd St

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-2514

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

402160.00

Current Approval Amount

402160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-2514

CD

NY-07

Jobs Reported

40

NAICS Code

811310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

402160.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

405860.32

Forgiveness Date

01/21/2022

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