Prime Electric Motor Repairs Inc.
$412,500 PPP Loan in Long Island City, New York
Loan Details
- Loan Number
- 4243417100
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $412,500
- Current Approval
- $412,500
- Forgiveness Amount
- $417,879
- Forgiveness Date
- Aug 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Prime Electric Motor Repairs Inc.
- Address
- 4850 33rd St
- City
- Long Island City
- State
- New York
- ZIP Code
- 11101
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $9.0M
- Rural/Urban
- Urban
- Congressional District
- NY-07
Loan Use Breakdown
- Payroll
- $352,363
- Rent
- $48,958
- Utilities
- $11,179
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Long Island City, NY
| Business | Approved | |
|---|---|---|
| C.a.c Industries Inc. | $10,000,000 |  AI Deep Dive |
| Mana Products, Inc. | $10,000,000 | AI Deep Dive |
| P a L Environmental Safety Corp | $10,000,000 | AI Deep Dive |
| Transel Elevator & Electric INC | $9,848,266 | AI Deep Dive |
| New York Paving INC | $7,566,265 | AI Deep Dive |
Want to research this company further?