PPP Loan information for Payday inc

$221,108

Payday inc was initially approved for PPP Loan of amount $221,108, the current approved amount is $221,108. The loan was approved on 04/13/2020 by The Cadence Bank reported 19 jobs and $221,108 was used to fund payroll.

Payday inc is New Business or 2 years or less

PAYDAY INC

Date Approved

04/13/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

PAYDAY INC

Borrower Address

4490 NORTH W STREET

Borrower City

PENSACOLA

Borrower State

FL

Borrower Zip

32505

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221107.50

Current Approval Amount

221107.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PENSACOLA

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32505-1000

CD

FL-01

Jobs Reported

19

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

221107.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

223379.99

Forgiveness Date

04/28/2021

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