PPP Loan information for Bailey lumber inc.

$88,900

Bailey lumber inc. was initially approved for PPP Loan of amount $88,900, the current approved amount is $88,900. The loan was approved on 04/04/2020 by The First Western Bank & Trust reported 11 jobs and $88,900 was used to fund payroll.

Bailey lumber inc. is New Business or 2 years or less

BAILEY LUMBER INC.

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BAILEY LUMBER INC.

Borrower Address

2700 EAST BURDICK EXPY

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-5203

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88900.00

Current Approval Amount

88900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-5203

CD

ND-

Jobs Reported

11

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89349.44

Forgiveness Date

10/13/2020

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