PPP Loan information for Paynes group & associates llc

$400,000

Paynes group & associates llc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 45 jobs and $400,000 was used to fund payroll.

Paynes group & associates llc is New Business or 2 years or less

PAYNES GROUP & ASSOCIATES LLC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PAYNES GROUP & ASSOCIATES LLC

Borrower Address

4678 BURTON ROAD

Borrower City

THOMASVILLE

Borrower State

NC

Borrower Zip

27360

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

THOMASVILLE

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-0001

CD

NC-08

Jobs Reported

45

NAICS Code

452319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403331.51

Forgiveness Date

03/05/2021

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