Hudson-Payne Electronics Corporation

$294,300 PPP Loan in Madison Heights, Virginia

Loan Details

Loan Number
5795567309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$294,300
Current Approval
$294,300
Forgiveness Amount
$296,344
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hudson-Payne Electronics Corporation
Address
Po Box 780
ZIP Code
24572
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$294,300

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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