Payne Industrial and Farm Equipment Inc.

$107,700 PPP Loan in North Tazewell, Virginia

Loan Details

Loan Number
4398457106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$107,700
Current Approval
$107,700
Forgiveness Amount
$108,438
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Payne Industrial and Farm Equipment Inc.
Address
30822 Gov G.c. Peery Hwy.
ZIP Code
24630
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$107,700

Lender Information

Servicing Lender
The National Bank of Blacksburg
Originating Lender
The National Bank of Blacksburg

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