# PPP loan: PRIME INC.
> **$567K** approved 02/12/2021 · Paid in Full · Loan `7490028403`
## Borrower
- **Name:** PRIME INC.
- **Address:** 2300 Woodcrest Pl, Birmingham, AL, 35209-1304
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $567K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $567K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** The Commercial Bank
- **Servicing:** The Commercial Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*