PPP Loan information for Payne operations

$22,500

Payne operations was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 01/25/2021 by The First Bank reported 2 jobs and $22,500 was used to fund payroll.

Payne operations is Existing or more than 2 years old

PAYNE OPERATIONS

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PAYNE OPERATIONS

Borrower Address

12245 Nations Ford Rd Ste 503

Borrower City

Pineville

Borrower State

NC

Borrower Zip

28134-8444

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pineville

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28134-8444

CD

NC-14

Jobs Reported

2

NAICS Code

551114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

22498.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22651.25

Forgiveness Date

10/06/2021

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