# PPP loan: PRIME CONSTRUCTION SERVICES, LLC
> **$1.48M** approved 04/08/2020 · Paid in Full · Loan `8042487003`
## Borrower
- **Name:** PRIME CONSTRUCTION SERVICES, LLC
- **Address:** 1328 76TH ST, DAVENPORT, IA, 52806-1305
- **NAICS:** 238310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Rent:** $150K
- **Mortgage interest:** $100K
- **Utilities:** $10K
- **Health care:** $36K
- **Jobs reported:** 61
## Lender
- **Originating:** Ohnward Bank & Trust
- **Servicing:** Ohnward Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*