You mention another amp. Does that other have an effects loop? Try the pre out from your other into the power amp in on the Peavey; does the Peavey respond to any volume or gain knob from either amp? (since you haven't specified if the other is master vol or not) Also Try the same thing in the other direction, the pre out from the Peavey to the power section of the other.
My assumption, since the EQ works and you get some volume, it's likely something is dirty or corroded in the power section. I wouldn't first assume its a knob but it is possible. Of my 2 Combo 300's, one needs a jumper in the effects loop to hear anything at all (as opposed to your issue), so while I hope it is a simple fix I think that would not be the primary fix here. A can of deoxit never hurts with these old guys and I hope you share in my experience that it's one of the few tools actually needed with these unstoppable amps.
Good luck and do yourself a huge favour don't leave the pre or post too high, (maybe 2 or 3) in any of your testing, once you find the issue you could make yourself deaf.