# PPP loan: PRIME POWER ELECTRIC CO INC
> **$181K** approved 04/10/2020 · Paid in Full · Loan `1712007106`
## Borrower
- **Name:** PRIME POWER ELECTRIC CO INC
- **Address:** 9560 E BROWN RD, LOWELL, AR, 72745-9750
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 20
## Lender
- **Originating:** Grand Savings Bank
- **Servicing:** Grand Savings Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*