PPP Loan information for Derrick reed

$7,221

Derrick reed was initially approved for PPP Loan of amount $7,221, the current approved amount is $7,221. The loan was approved on 04/15/2020 by The First State Bank of Cando reported 2 jobs and $7,221 was used to fund payroll.

Derrick reed is Existing or more than 2 years old

PPP Loan Search / ND / CHURCHS FERRY / Derrick reed

DERRICK REED

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DERRICK REED

Borrower Address

6595 64th St. NE

Borrower City

CHURCHS FERRY

Borrower State

ND

Borrower Zip

58325-9778

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7221.47

Current Approval Amount

7221.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52694

Servicing Lender Name

First State Bank of Cando

Servicing Lender Address

415 Main St

Servicing Lender City

CANDO

Servicing Lender State

ND

Servicing Lender Zip

58324

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHURCHS FERRY

Project County Name

BENSON

Project State

ND

Project Zip

58325-9778

CD

ND-

Jobs Reported

2

NAICS Code

111940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

6221.47

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

52694

Originating Lender

First State Bank of Cando

Originating Lender City

CANDO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7264.20

Forgiveness Date

11/23/2020

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