# PPP loan: PRIME ELECTRICAL SERVICES, INC.
> **$2.05M** approved 04/27/2020 · Paid in Full · Loan `5258807205`
## Borrower
- **Name:** PRIME ELECTRICAL SERVICES, INC.
- **Address:** 480 ENTERPRISE STREET, SAN MARCOS, CA, 92078
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.05M
- **Initial approval:** $2.05M
- **Forgiven:** $2.07M (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.05M
- **Jobs reported:** 135
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*