BALES RESTORATION INC (WA) - 2020 PPP Loan Borrower Profile (# 5240027710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BALES RESTORATION 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 Washington.

Loan Detail

Loan Number
5240027710
SBA Office Code
1013
Processing Method
PPP
Curent Loan Amount
$236,410
Date Loan was Approved
May 1, 2020
Amount Forgiven
$239,026.7
Date Loan was Forgiven
Jun 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
236,410
Lender
Bank of America, National Association

Business Detail

Business Type
Corporation
NAICS
236118
Borrower Location
LYNNWOOD, WA
Project Location
LYNNWOOD, WA
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
15
Business Age Description
New Business or 2 years or less
Data Source: SBA.