# PPP loan: PRIME, INC.
> **$405K** approved 04/08/2020 · Paid in Full · Loan `8501547008`
## Borrower
- **Name:** PRIME, INC.
- **Address:** 2300 WOODCREST PLACE, BIRMINGHAM, AL, 35209-1304
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **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*