PPP Loan information for Prime converting corporation

$552,000

Prime converting corporation was initially approved for PPP Loan of amount $596,000, the current approved amount is $552,000. The loan was approved on 04/14/2020 by The Citizens Business Bank reported 68 jobs and $552,000 was used to fund payroll.

Prime converting corporation is Existing or more than 2 years old

PRIME CONVERTING CORPORATION

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

PRIME CONVERTING CORPORATION

Borrower Address

9121 PITTSBURGH AVE

Borrower City

RANCHO CUCAMONGA

Borrower State

CA

Borrower Zip

91730-5549

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596000.00

Current Approval Amount

552000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RANCHO CUCAMONGA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-5549

CD

CA-35

Jobs Reported

68

NAICS Code

322299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

552000.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556521.86

Forgiveness Date

02/25/2021

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