PPP Loan information for Bailey brothers used cars, inc

$64,100

Bailey brothers used cars, inc was initially approved for PPP Loan of amount $64,100, the current approved amount is $64,100. The loan was approved on 04/04/2020 by The Springs Valley Bank & Trust Company reported 8 jobs and $64,100 was used to fund payroll.

Bailey brothers used cars, inc is Existing or more than 2 years old

BAILEY BROTHERS USED CARS, INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BAILEY BROTHERS USED CARS, INC

Borrower Address

510 2ND ST

Borrower City

SHOALS

Borrower State

IN

Borrower Zip

47581-5524

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64100.00

Current Approval Amount

64100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23165

Servicing Lender Name

Springs Valley Bank & Trust Company

Servicing Lender Address

8482 W State Road 56

Servicing Lender City

FRENCH LICK

Servicing Lender State

IN

Servicing Lender Zip

47432-9619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHOALS

Project County Name

MARTIN

Project State

IN

Project Zip

47581-5524

CD

IN-08

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64100.00

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

Subchapter S Corporation

Originating Lender Location Id

23165

Originating Lender

Springs Valley Bank & Trust Company

Originating Lender City

FRENCH LICK

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

64647.92

Forgiveness Date

02/17/2021

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