# PPP loan: PRIME OPERATING CO
> **$1.28M** approved 05/01/2020 · Paid in Full · Loan `8517147305`
## Borrower
- **Name:** PRIME OPERATING CO
- **Address:** 9821 KATY FREEWAY STE 1050, HOUSTON, TX, 77024
- **NAICS:** 211120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.21M (95%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.28M
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 77
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*