Bailey Motor Company, Ltd.

$465,050 PPP Loan in Malone, New York

Loan Details

Loan Number
6222907007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$465,050
Current Approval
$465,050
Forgiveness Amount
$469,611
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bailey Motor Company, Ltd.
Address
3350 State Highway 11
City
Malone
ZIP Code
12953
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.1M
Rural/Urban
Rural
Congressional District
NY-21

Loan Use Breakdown

Payroll
$465,050

Lender Information

Servicing Lender
Community Bank, National Association
Originating Lender
Community Bank, National Association

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