PPP Loan information for Bailey auto sales llc

$32,000

Bailey auto sales llc was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 03/31/2021 by The Bank of Botetourt reported 3 jobs and $32,000 was used to fund payroll.

Bailey auto sales llc is Existing or more than 2 years old

BAILEY AUTO SALES LLC

Date Approved

03/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BAILEY AUTO SALES LLC

Borrower Address

1737 Old Fincastle Rd

Borrower City

Fincastle

Borrower State

VA

Borrower Zip

24090-3016

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fincastle

Project County Name

BOTETOURT

Project State

VA

Project Zip

24090-3016

CD

VA-06

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32306.67

Forgiveness Date

03/14/2022

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