Dms-South/bailey Tool, LLC

$332,300 PPP Loan in Lancaster, Texas

Loan Details

Loan Number
6398717100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$332,300
Current Approval
$332,300
Forgiveness Amount
$334,118
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dms-South/bailey Tool, LLC
Address
600 West Belt Line Rd
State
Texas
ZIP Code
75146-3019
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
TX-30

Loan Use Breakdown

Payroll
$265,000
Rent
$17,300
Utilities
$10,000
Health Care
$40,000

Lender Information

Servicing Lender
Texas Security Bank
Originating Lender
Texas Security Bank

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