PPP Loan information for Bailey's excavating, inc

$62,300

Bailey's excavating, inc was initially approved for PPP Loan of amount $62,300, the current approved amount is $62,300. The loan was approved on 04/28/2020 by The Bank Iowa reported 8 jobs and $62,300 was used to fund payroll.

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

BAILEY'S EXCAVATING, INC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BAILEY'S EXCAVATING, INC

Borrower Address

10591 NE 82ND AVE

Borrower City

BONDURANT

Borrower State

IA

Borrower Zip

50035-1265

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62300.00

Current Approval Amount

62300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BONDURANT

Project County Name

POLK

Project State

IA

Project Zip

50035-1265

CD

IA-03

Jobs Reported

8

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5655.50

Payroll Proceed

51508.05

Mortgage Interest Proceed

5136.45

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62784.56

Forgiveness Date

02/09/2021

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