# PPP loan: PRIMO INC
> **$354K** approved 04/13/2020 · Paid in Full · Loan `4529127102`
## Borrower
- **Name:** PRIMO INC
- **Address:** 19009 Peninsula Point Drive, CORNELIUS, NC, 28031-7601
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $360K (102%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $20K
- **Utilities:** $10K
- **Jobs reported:** 33
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*