Priority Power INC

$815,520 PPP Loan in Greenbelt, Maryland

Loan Details

Loan Number
8533527802
Date Approved
Jun 5, 2020
Loan Status
Charged Off
Initial Approval
$815,520
Current Approval
$815,520
Forgiveness Amount
$360,917
Forgiveness Date
May 21, 2021
Term
29 months
Draw
First Draw

Business Information

Business Name
Priority Power INC
Address
5510 Cherrywood Ln Ste D
ZIP Code
20770-1003
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
228
Estimated Revenue
$77.7M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$815,520

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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