PPP Loan information for Bailey sand & gravel co.

$77,300

Bailey sand & gravel co. was initially approved for PPP Loan of amount $77,300, the current approved amount is $77,300. The loan was approved on 04/27/2020 by The First Merchants Bank reported 8 jobs and $77,300 was used to fund payroll.

Bailey sand & gravel co. is New Business or 2 years or less

PPP Loan Search / MI / JACKSON / Bailey sand & gravel co.

BAILEY SAND & GRAVEL CO.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAILEY SAND & GRAVEL CO.

Borrower Address

6505 W. MICHIGAN AVE

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49201-8997

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77300.00

Current Approval Amount

77300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49201-8997

CD

MI-05

Jobs Reported

8

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78030.64

Forgiveness Date

04/12/2021

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