Ed Payne Motors LLP
$1,038,700 PPP Loan in Weslaco, Texas
Loan Details
- Loan Number
- 6789447110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,038,700
- Current Approval
- $1,038,700
- Forgiveness Amount
- $1,049,713
- Forgiveness Date
- May 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ed Payne Motors LLP
- Address
- 2101 E Expressway 83
- City
- Weslaco
- State
- Texas
- ZIP Code
- 78599-5019
- Business Type
- Limited Liability Partnership
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Chrysler - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 97
- Estimated Revenue
- $24.4M
- Rural/Urban
- Urban
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $1,038,700
Lender Information
- Servicing Lender
- Frost Bank
- Originating Lender
- Frost Bank
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