# PPP loan: PRIMAX PROPERTIES LLC
> **$250K** approved 04/09/2020 · Paid in Full · Loan `9364997000`
## Borrower
- **Name:** PRIMAX PROPERTIES LLC
- **Address:** 1100 MOREHEAD ST, CHARLOTTE, NC, 28204-2815
- **NAICS:** 531120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $22K
- **Mortgage interest:** $7K
- **Utilities:** $15K
- **Health care:** $18K
- **Jobs reported:** 16
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*