Prime Products, Inc.

$500,000 PPP Loan in Wyoming, Michigan

Loan Details

Loan Number
1235997705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$504,070
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Prime Products, Inc.
Address
2755 Remico St SW
ZIP Code
49519
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
390
Estimated Revenue
$102.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$410,000
Rent
$20,000
Utilities
$10,000
Health Care
$60,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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