As part of the Paycheck Protection Program PRIME ELECTRIC CO., INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PRIME ELECTRIC CO., INC


Loan Amount	$3,636,300
BusinessName	PRIME ELECTRIC CO., INC
Address	255 N. CALIFORNIA AVE
City	CHICAGO
State	IL
Zip	60612
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	75
DateApproved	04/05/2020
Lender	The First National Bank of Ottawa
CD	IL-07
BusinessName.clean	PRIME ELECTRIC CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PRIME ELECTRICAL SERVICE
PRIME ELECTRICAL SERVICES
PRIME ELECTRICAL WBE
PRIME EMPLOYMENT SERVICES GROUP
PRIME ENERGY SERVICES