Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
BAILEY & ASSOCIATES CPA, P.C.
Borrower Address
112 W SUPERIOR ST
Borrower City
WAYLAND
Borrower State
MI
Borrower Zip
49348-1217
Loan Status Date
05/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
50885.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36555
Servicing Lender Name
United Bank of Michigan
Servicing Lender Address
900 E Paris Ave SE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49546-3676
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALLEGAN
Project State
Project Zip
CD
MI-03
Jobs Reported
5
NAICS Code
541211
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2860.00
Payroll Proceed
41800.00
Mortgage Interest Proceed
Rent Proceed
4200.00
Refinance EIDL Proceed
Health Care Proceed
1900.00
Debt Interest Proceed
125
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
51381.13
Forgiveness Date
04/22/2021