PPP Loan information for Derrick insulation co., inc.

$73,634

Derrick insulation co., inc. was initially approved for PPP Loan of amount $73,634, the current approved amount is $73,634. The loan was approved on 07/06/2020 by The Truist Bank reported 7 jobs and $73,634 was used to fund payroll.

Derrick insulation co., inc. is Existing or more than 2 years old

PPP Loan Search / SC / Swansea / Derrick insulation co., inc.

DERRICK INSULATION CO., INC.

Date Approved

07/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

DERRICK INSULATION CO., INC.

Borrower Address

504 Calvary Church Road

Borrower City

Swansea

Borrower State

SC

Borrower Zip

29160

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73634.00

Current Approval Amount

73634.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Swansea

Project County Name

LEXINGTON

Project State

SC

Project Zip

29160-0001

CD

SC-06

Jobs Reported

7

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73634.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74165.80

Forgiveness Date

04/05/2021

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