Payne Rio Grande City Ford LLC

$350,767 PPP Loan in Mission, Texas

Loan Details

Loan Number
2564327110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$350,767
Current Approval
$350,767
Forgiveness Amount
$354,177
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Payne Rio Grande City Ford LLC
Address
2003 E Expy 83
State
Texas
ZIP Code
78572
Business Type
Limited Liability Partnership
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$17.9M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$263,075
Utilities
$43,846
Mortgage Interest
$43,846

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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