PPP Loan information for Payne insurance agency

$19,750

Payne insurance agency was initially approved for PPP Loan of amount $19,750, the current approved amount is $19,750. The loan was approved on 04/10/2021 by The Loan Source Incorporated reported 3 jobs and $19,750 was used to fund payroll.

Payne insurance agency is Existing or more than 2 years old

PAYNE INSURANCE AGENCY

Date Approved

04/10/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PAYNE INSURANCE AGENCY

Borrower Address

7 Campbell St Ste A

Borrower City

Luray

Borrower State

VA

Borrower Zip

22835-1908

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19750.00

Current Approval Amount

19750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Luray

Project County Name

PAGE

Project State

VA

Project Zip

22835-1908

CD

VA-06

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19750.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19913.95

Forgiveness Date

02/08/2022

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