Payne Oil Company Incorporated

$240,300 PPP Loan in Graham, North Carolina

Loan Details

Loan Number
3823907107
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$240,300
Current Approval
$240,300
Forgiveness Amount
$242,349
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Payne Oil Company Incorporated
Address
962 E Elm St
City
Graham
ZIP Code
27253-1908
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$240,300

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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