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Bailey Excavating, Inc.

$823,900 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
5277537006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$823,900
Current Approval
$823,900
Forgiveness Amount
$833,558
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bailey Excavating, Inc.
Address
1073 Toro Dr
City
Jackson
State
Michigan
ZIP Code
49201-8946
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
New Business or 2 years or less
Jobs Reported
30
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$659,120
Utilities
$41,195
Mortgage Interest
$123,585

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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