PPP Loan information for Bailey's auto sales

$37,300

Bailey's auto sales was initially approved for PPP Loan of amount $37,300, the current approved amount is $37,300. The loan was approved on 04/28/2020 by The Bank of Botetourt reported 3 jobs and $37,300 was used to fund payroll.

Bailey's auto sales is Existing or more than 2 years old

BAILEY'S AUTO SALES

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAILEY'S AUTO SALES

Borrower Address

2296 Lee Hwy

Borrower City

CLOVERDALE

Borrower State

VA

Borrower Zip

24077

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37300.00

Current Approval Amount

37300.00

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

CLOVERDALE

Project County Name

BOTETOURT

Project State

VA

Project Zip

24077-0001

CD

VA-06

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

29866.00

Mortgage Interest Proceed

4434.00

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

37684.40

Forgiveness Date

05/05/2021

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