BAILEY & SONS (MS) - 2020 PPP Loan Borrower Profile (# 1974978906)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAILEY & SONS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Mississippi.

Loan Detail

Loan Number

1974978906

SBA Office Code

0470

Processing Method

PPS

Curent Loan Amount

$60,500

Date Loan was Approved

Apr 26, 2021

Amount Forgiven

$60,972.24

Date Loan was Forgiven

Feb 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

60,498

Lender

BankPlus

Business Detail

Business Type

Partnership

NAICS

111110

Borrower Location

Coffeeville, MS

Project Location

Coffeeville, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.