Date Approved
04/29/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
BAILEY SPENCER WELDING LLC
Borrower Address
1996 South Coolwell Rd
Borrower City
Madison Heights
Borrower State
VA
Borrower Zip
24572
Loan Status Date
08/16/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
22200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
AMHERST
Project State
Project Zip
24572-0001
CD
VA-05
Jobs Reported
3
NAICS Code
332313
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
21193.08
Forgiveness Date
02/10/2021