BAILEY MOTORS INC (VT) - 2020 PPP Loan Borrower Profile (# 8811368309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAILEY MOTORS INC. 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 Vermont.

Loan Detail

Loan Number

8811368309

SBA Office Code

0150

Processing Method

PPS

Curent Loan Amount

$22,890

Date Loan was Approved

Jan 30, 2021

Amount Forgiven

$23,085.04

Date Loan was Forgiven

Dec 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

22,885

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

West Rutland, VT

Project Location

West Rutland, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.