PPP Loan information for Payne oil company incorporated

$240,300

Payne oil company incorporated was initially approved for PPP Loan of amount $240,300, the current approved amount is $240,300. The loan was approved on 04/12/2020 by The Truist Bank reported 28 jobs and $240,300 was used to fund payroll.

Payne oil company incorporated is Existing or more than 2 years old

PPP Loan Search / NC / GRAHAM / Payne oil company incorporated

PAYNE OIL COMPANY INCORPORATED

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PAYNE OIL COMPANY INCORPORATED

Borrower Address

962 E ELM ST

Borrower City

GRAHAM

Borrower State

NC

Borrower Zip

27253-1908

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240300.00

Current Approval Amount

240300.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAHAM

Project County Name

ALAMANCE

Project State

NC

Project Zip

27253-1908

CD

NC-04

Jobs Reported

28

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240300.00

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

242349.22

Forgiveness Date

02/24/2021

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