# PPP loan: PRIME BUSINESS CREDIT INC
> **$591K** approved 05/01/2020 · Exemption 4 · Loan `5660407702`
## Borrower
- **Name:** PRIME BUSINESS CREDIT INC
- **Address:** 1055 W 7th St Ste 2200, Los Angeles, CA, 90017
- **NAICS:** 522291
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $591K
- **Initial approval:** $591K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $591K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*