PPP Loan information for Payne industrial and farm equipment inc.

$107,700

Payne industrial and farm equipment inc. was initially approved for PPP Loan of amount $107,700, the current approved amount is $107,700. The loan was approved on 04/13/2020 by The The National Bank of Blacksburg reported 10 jobs and $107,700 was used to fund payroll.

Payne industrial and farm equipment inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORTH TAZEWELL / Payne industrial and farm equipment inc.

PAYNE INDUSTRIAL AND FARM EQUIPMENT INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PAYNE INDUSTRIAL AND FARM EQUIPMENT INC.

Borrower Address

30822 Gov G.C. Peery Hwy.

Borrower City

NORTH TAZEWELL

Borrower State

VA

Borrower Zip

24630

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107700.00

Current Approval Amount

107700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH TAZEWELL

Project County Name

TAZEWELL

Project State

VA

Project Zip

24630-0001

CD

VA-09

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107700.00

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

Subchapter S Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108437.67

Forgiveness Date

12/28/2020

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