PPP Loan information for Derek headings

$19,600

Derek headings was initially approved for PPP Loan of amount $19,600, the current approved amount is $19,600. The loan was approved on 06/29/2020 by The Iowa State Savings Bank reported 1 jobs and $19,600 was used to fund payroll.

Derek headings is Existing or more than 2 years old

DEREK HEADINGS

Date Approved

06/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DEREK HEADINGS

Borrower Address

1257 GRAND RIVER DR

Borrower City

LORIMOR

Borrower State

IA

Borrower Zip

50149-8409

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19600.00

Current Approval Amount

19600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24821

Servicing Lender Name

Iowa State Savings Bank

Servicing Lender Address

401 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LORIMOR

Project County Name

UNION

Project State

IA

Project Zip

50149-8409

CD

IA-03

Jobs Reported

1

NAICS Code

112310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

15600.00

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

24821

Originating Lender

Iowa State Savings Bank

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19702.03

Forgiveness Date

01/08/2021

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