# PPP loan: BAILEYS JEWELRY MANAGEMENT INC
> **$1.22M** approved 02/04/2021 · Paid in Full · Loan `3110808402`
## Borrower
- **Name:** BAILEYS JEWELRY MANAGEMENT INC
- **Address:** 3815 Barrett Dr, Raleigh, NC, 27609-7214
- **NAICS:** 448310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.24M (102%)
- **Forgiveness date:** 10/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 83
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*