Bailey Machine Company, Inc.

$683,600 PPP Loan in Connellsville, Pennsylvania

Loan Details

Loan Number
4622567110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$683,600
Current Approval
$683,600
Forgiveness Amount
$691,372
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bailey Machine Company, Inc.
Address
1516 Morrell Avenue
ZIP Code
15425-3811
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
PA-14

Loan Use Breakdown

Payroll
$683,600

Lender Information

Servicing Lender
Somerset Trust Company
Originating Lender
Somerset Trust Company

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