PPP Loan information for Deran resources inc

$50,000

Deran resources inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 03/13/2021 by The The Poca Valley Bank, Inc. reported 8 jobs and $50,000 was used to fund payroll.

Deran resources inc is Existing or more than 2 years old

DERAN RESOURCES INC

Date Approved

03/13/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

DERAN RESOURCES INC

Borrower Address

2506 Ripley Rd

Borrower City

Spencer

Borrower State

WV

Borrower Zip

25276-8778

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75424

Servicing Lender Name

The Poca Valley Bank, Inc.

Servicing Lender Address

7033 Charleston Rd

Servicing Lender City

WALTON

Servicing Lender State

WV

Servicing Lender Zip

25286-9601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

ROANE

Project State

WV

Project Zip

25276-8778

CD

WV-01

Jobs Reported

8

NAICS Code

211130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49995.00

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

Subchapter S Corporation

Originating Lender Location Id

75424

Originating Lender

The Poca Valley Bank, Inc.

Originating Lender City

WALTON

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50452.78

Forgiveness Date

02/03/2022

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