PPP Loan information for Wayne petroleum corporation

$89,800

Wayne petroleum corporation was initially approved for PPP Loan of amount $102,300, the current approved amount is $89,800. The loan was approved on 04/08/2020 by The First Bank reported 9 jobs and $89,800 was used to fund payroll.

Wayne petroleum corporation is Existing or more than 2 years old

WAYNE PETROLEUM CORPORATION

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WAYNE PETROLEUM CORPORATION

Borrower Address

1301 Wayne Memorial Drive

Borrower City

GOLDSBORO

Borrower State

NC

Borrower Zip

27534-2232

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102300.00

Current Approval Amount

89800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GOLDSBORO

Project County Name

WAYNE

Project State

NC

Project Zip

27534-2232

CD

NC-03

Jobs Reported

9

NAICS Code

221210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2450.00

Payroll Proceed

67350.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

90574.99

Forgiveness Date

02/19/2021

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