# PPP loan: THE BAILEY BOYS INC
> **$286K** approved 05/04/2020 · Paid in Full · Loan `1344987407`
## Borrower
- **Name:** THE BAILEY BOYS INC
- **Address:** 155 SKYLANE RD, SAINT SIMONS ISLAND, GA, 31522-3712
- **NAICS:** 315220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Rent:** $43K
- **Utilities:** $14K
- **Jobs reported:** 50
## Lender
- **Originating:** Thomasville National Bank
- **Servicing:** Thomasville National Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*