PPP Loan information for Derby's furniture

$18,649

Derby's furniture was initially approved for PPP Loan of amount $18,649, the current approved amount is $18,649. The loan was approved on 04/30/2020 by The Farmers & Merchants Bank & Trust reported 3 jobs and $18,649 was used to fund payroll.

Derby's furniture is Existing or more than 2 years old

DERBY'S FURNITURE

Date Approved

04/30/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DERBY'S FURNITURE

Borrower Address

709 E MOUNT PLEASANT ST

Borrower City

WEST BURLINGTON

Borrower State

IA

Borrower Zip

52655-1429

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18648.75

Current Approval Amount

18648.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52655-1429

CD

IA-01

Jobs Reported

3

NAICS Code

442110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18648.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18861.14

Forgiveness Date

07/06/2021

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