# PPP loan: PRIME MECHANICAL SYSTEMS INC
> **$584K** approved 02/17/2021 · Paid in Full · Loan `9401448409`
## Borrower
- **Name:** PRIME MECHANICAL SYSTEMS INC
- **Address:** 33 59 55TH ST, WOODSIDE, NY, 11377
- **NAICS:** 811412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $584K
- **Initial approval:** $584K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $584K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*