PPP Loan information for Ronald payne inc

$132,500

Ronald payne inc was initially approved for PPP Loan of amount $137,500, the current approved amount is $132,500. The loan was approved on 04/13/2020 by The Atlantic Union Bank reported 40 jobs and $132,500 was used to fund payroll.

Ronald payne inc is New Business or 2 years or less

PPP Loan Search / VA / Roanoke / Ronald payne inc

RONALD PAYNE INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RONALD PAYNE INC

Borrower Address

7707 Williamson Rd

Borrower City

Roanoke

Borrower State

VA

Borrower Zip

24019-4344

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

132500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Roanoke

Project County Name

BOTETOURT

Project State

VA

Project Zip

24019-4344

CD

VA-06

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132500.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134170.97

Forgiveness Date

07/21/2021

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