Prime Electric Motors

$113,600 PPP Loan in Gorham, Maine

Loan Details

Loan Number
5881057000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$113,600
Current Approval
$113,600
Forgiveness Amount
$114,282
Forgiveness Date
Nov 24, 2020
Term
59 months
Draw
First Draw

Business Information

Business Name
Prime Electric Motors
Address
72 Sanford Drive
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
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$113,600

Lender Information

Servicing Lender
Gorham Savings Bank
Originating Lender
Gorham Savings Bank

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