Date Approved
03/13/2021
SBA Office Code
0470
Processing Method
PPS
Borrower Name
DERRICK SIMPSON
Borrower Address
7331 Dunbarton Dr
Borrower City
Horn Lake
Borrower State
MS
Borrower Zip
38637-1077
Loan Status Date
10/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4089
Servicing Lender Name
Southern Bancorp Bank
Servicing Lender Address
605 Main St
Servicing Lender City
ARKADELPHIA
Servicing Lender State
AR
Servicing Lender Zip
71923-6037
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DESOTO
Project State
Project Zip
CD
MS-01
Jobs Reported
1
NAICS Code
236220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
20695.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20800.95
Forgiveness Date
09/13/2021