Prime Electric Motors INC

$104,600 PPP Loan in Gorham, Maine

Loan Details

Loan Number
5515328506
Date Approved
Feb 27, 2021
Loan Status
Paid in Full
Initial Approval
$104,600
Current Approval
$104,600
Forgiveness Amount
$105,082
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Prime Electric Motors INC
Address
72 Sanford Dr
City
Gorham
State
Maine
ZIP Code
04038-2646
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$104,598
Utilities
$1

Lender Information

Servicing Lender
Gorham Savings Bank
Originating Lender
Gorham Savings Bank

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