# PPP loan: BAILEY ELECTRIC COMPANY, LLC
> **$180K** approved 01/16/2021 · Paid in Full · Loan `1088618310`
## Borrower
- **Name:** BAILEY ELECTRIC COMPANY, LLC
- **Address:** 21 Keystone Dr, Hattiesburg, MS, 39402-6123
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 14
## Lender
- **Originating:** The Citizens National Bank of Meridian
- **Servicing:** The Citizens National Bank of Meridian (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*