PPP Loan information for Bailey mechanical corporation

$549,840

Bailey mechanical corporation was initially approved for PPP Loan of amount $549,840, the current approved amount is $549,840. The loan was approved on 03/09/2021 by The JPMorgan Chase Bank, National Association reported 18 jobs and $549,840 was used to fund payroll.

Bailey mechanical corporation is Existing or more than 2 years old

BAILEY MECHANICAL CORPORATION

Date Approved

03/09/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BAILEY MECHANICAL CORPORATION

Borrower Address

4620 W 120th St

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-2317

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

549840.00

Current Approval Amount

549840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-2317

CD

IL-06

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

549839.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

556844.96

Forgiveness Date

06/22/2022

;