Payne Service Center INC

$34,860 PPP Loan in Thompsonville, Illinois

Loan Details

Loan Number
7102697005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$34,860
Current Approval
$34,860
Forgiveness Amount
$35,233
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Payne Service Center INC
Address
21363 Shawneetown Rd
ZIP Code
62890-1047
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$27,888
Rent
$2,472
Utilities
$3,500
Mortgage Interest
$1,000

Lender Information

Servicing Lender
Southerntrust Bank
Originating Lender
Southerntrust Bank

Other PPP Loans in Thompsonville, IL

BusinessApproved
Moonlite Field Repair INC$150,000NewBizBotAI Deep Dive
Paul Miller Construction Co INC$95,750NewBizBotAI Deep Dive
Paul Miller Construction Company, INC$95,600NewBizBotAI Deep Dive
Kenny Smith$66,770NewBizBotAI Deep Dive
Moonlite Field Repair INC$45,814NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free