PPP Loan information for Bailey's auto service, inc

$58,802

Bailey's auto service, inc was initially approved for PPP Loan of amount $58,802, the current approved amount is $58,802. The loan was approved on 04/07/2020 by The Benchmark Community Bank reported 7 jobs and $58,802 was used to fund payroll.

Bailey's auto service, inc is Existing or more than 2 years old

PPP Loan Search / VA / FARMVILLE / Bailey's auto service, inc

BAILEY'S AUTO SERVICE, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAILEY'S AUTO SERVICE, INC

Borrower Address

703 N Main St

Borrower City

FARMVILLE

Borrower State

VA

Borrower Zip

23901-3038

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58801.90

Current Approval Amount

58801.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMVILLE

Project County Name

PRINCE EDWARD

Project State

VA

Project Zip

23901-3038

CD

VA-05

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7350.23

Payroll Proceed

44101.43

Mortgage Interest Proceed

0.00

Rent Proceed

7350.24

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59220.76

Forgiveness Date

12/31/2020

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