PPP Loan information for Bailey electric company, llc

$212,300

Bailey electric company, llc was initially approved for PPP Loan of amount $212,300, the current approved amount is $212,300. The loan was approved on 04/03/2020 by The The Citizens National Bank of Meridian reported 18 jobs and $212,300 was used to fund payroll.

Bailey electric company, llc is Existing or more than 2 years old

BAILEY ELECTRIC COMPANY, LLC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BAILEY ELECTRIC COMPANY, LLC

Borrower Address

21 Keystone Drive

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39402-6123

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212300.00

Current Approval Amount

212300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

LAMAR

Project State

MS

Project Zip

39402-6123

CD

MS-04

Jobs Reported

18

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26537.50

Payroll Proceed

159225.00

Mortgage Interest Proceed

26537.50

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

213526.62

Forgiveness Date

11/03/2020

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