Payne Industries, LLC

$459,873 PPP Loan in San Marcos, Texas

Loan Details

Loan Number
6681757009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$459,873
Current Approval
$459,873
Forgiveness Amount
$462,671
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Payne Industries, LLC
Address
302 W Hopkins Street Suite 1a
State
Texas
ZIP Code
78666-4404
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541370)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$6.7M
Rural/Urban
Rural
Congressional District
TX-15

Loan Use Breakdown

Payroll
$409,873
Rent
$25,000
Utilities
$10,000
Debt Interest
$15,000

Lender Information

Servicing Lender
Citizens State Bank
Originating Lender
Citizens State Bank

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