# PPP loan: PAYNE AND JONES, CHARTERED
> **$551K** approved 04/08/2020 · Paid in Full · Loan `8125137009`
## Borrower
- **Name:** PAYNE AND JONES, CHARTERED
- **Address:** 11000 KING ST, OVERLAND PARK, KS, 66210-1286
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Rent:** $79K
- **Jobs reported:** 31
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*