PPP Loan information for Mike bailey motors, inc

$119,800

Mike bailey motors, inc was initially approved for PPP Loan of amount $119,800, the current approved amount is $119,800. The loan was approved on 04/07/2020 by The Mabrey Bank reported 23 jobs and $119,800 was used to fund payroll.

Mike bailey motors, inc is Existing or more than 2 years old

PPP Loan Search / OK / HENRYETTA / Mike bailey motors, inc

MIKE BAILEY MOTORS, INC

Date Approved

04/07/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MIKE BAILEY MOTORS, INC

Borrower Address

812 INDUSTRIAL RD

Borrower City

HENRYETTA

Borrower State

OK

Borrower Zip

74437-9199

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119800.00

Current Approval Amount

119800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58781

Servicing Lender Name

Mabrey Bank

Servicing Lender Address

14821 S Memorial

Servicing Lender City

BIXBY

Servicing Lender State

OK

Servicing Lender Zip

74008-3743

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENRYETTA

Project County Name

OKMULGEE

Project State

OK

Project Zip

74437-9199

CD

OK-02

Jobs Reported

23

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

89850.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4320.00

Debt Interest Proceed

17630

Business Type

Subchapter S Corporation

Originating Lender Location Id

58781

Originating Lender

Mabrey Bank

Originating Lender City

BIXBY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

110425.25

Forgiveness Date

11/05/2020

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