PPP Loan information for Payne mechanical services, inc.

$600,293

Payne mechanical services, inc. was initially approved for PPP Loan of amount $600,293, the current approved amount is $600,293. The loan was approved on 04/14/2020 by The Cadence Bank reported 71 jobs and $600,293 was used to fund payroll.

Payne mechanical services, inc. is Existing or more than 2 years old

PAYNE MECHANICAL SERVICES, INC.

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PAYNE MECHANICAL SERVICES, INC.

Borrower Address

7235 BERT KOUNS IND LOOP

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71129

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600292.50

Current Approval Amount

600292.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71129-2200

CD

LA-04

Jobs Reported

71

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600292.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

607229.21

Forgiveness Date

06/15/2021

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