PPP Loan information for Bailess trucking, inc.

$150,172

Bailess trucking, inc. was initially approved for PPP Loan of amount $150,172, the current approved amount is $150,172. The loan was approved on 04/14/2020 by The First National Bank reported 16 jobs and $150,172 was used to fund payroll.

Bailess trucking, inc. is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Bailess trucking, inc.

BAILESS TRUCKING, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAILESS TRUCKING, INC.

Borrower Address

2649 Mayflower Drive

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150172.00

Current Approval Amount

150172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-0001

CD

VA-05

Jobs Reported

16

NAICS Code

484110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

350.00

Payroll Proceed

126575.00

Mortgage Interest Proceed

0.00

Rent Proceed

6084.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

17163

Business Type

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151064.69

Forgiveness Date

11/25/2020

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