PPP Loan information for Hudson-payne electronics corporation

$294,300

Hudson-payne electronics corporation was initially approved for PPP Loan of amount $294,300, the current approved amount is $294,300. The loan was approved on 04/30/2020 by The Truist Bank reported 25 jobs and $294,300 was used to fund payroll.

Hudson-payne electronics corporation is Existing or more than 2 years old

PPP Loan Search / VA / Madison Heights / Hudson-payne electronics corporation

HUDSON-PAYNE ELECTRONICS CORPORATION

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HUDSON-PAYNE ELECTRONICS CORPORATION

Borrower Address

PO Box 780

Borrower City

Madison Heights

Borrower State

VA

Borrower Zip

24572

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294300.00

Current Approval Amount

294300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

AMHERST

Project State

VA

Project Zip

24572-0001

CD

VA-05

Jobs Reported

25

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

294300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

296343.75

Forgiveness Date

01/14/2021

;