PPP Loan information for Primeco electric inc

$200,000

Primeco electric inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 06/15/2020 by The Bank of America, National Association reported 10 jobs and $200,000 was used to fund payroll.

Primeco electric inc is Existing or more than 2 years old

PRIMECO ELECTRIC INC

Date Approved

06/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PRIMECO ELECTRIC INC

Borrower Address

5726 LINCOLN CIR E

Borrower City

LAKE WORTH

Borrower State

FL

Borrower Zip

33463-6757

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE WORTH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33463-6757

CD

FL-22

Jobs Reported

10

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114338.95

Forgiveness Date

05/06/2021

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