Paynecon INC
$588,700 PPP Loan in Midlothian, Texas
Loan Details
- Loan Number
- 9022777004
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $588,700
- Current Approval
- $588,700
- Forgiveness Amount
- $592,410
- Forgiveness Date
- Dec 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Paynecon INC
- Address
- 3411 Fm 663
- City
- Midlothian
- State
- Texas
- ZIP Code
- 76065-5983
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 53
- Estimated Revenue
- $12.3M
- Rural/Urban
- Rural
- Congressional District
- TX-06
Loan Use Breakdown
- Payroll
- $544,135
- Rent
- $10,016
- Utilities
- $800
- Health Care
- $29,585
- Debt Interest
- $4,164
Lender Information
- Servicing Lender
- Interbank
- Originating Lender
- Interbank
Other PPP Loans in Midlothian, TX
| Business | Approved | |
|---|---|---|
| Circle H Contractors, LP | $2,917,100 | |
| Ted Ventures | $2,566,250 | |
| Grizzly Industrial Group INC | $1,479,321 | |
| Grizzly Industrial Group | $1,304,800 | |
| Ugotem | $983,000 |
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