# PPP loan: PRIME ASSET CONSULTING
> **$360K** approved 06/05/2020 · Charged Off · Loan `8251147808`
## Borrower
- **Name:** PRIME ASSET CONSULTING
- **Address:** 59 Adams Avenue, Berlin, NJ, 08009-8921
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $90K
- **Jobs reported:** 16
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*