PPP Loan information for Derby distribution inc

$177,400

Derby distribution inc was initially approved for PPP Loan of amount $177,400, the current approved amount is $177,400. The loan was approved on 04/07/2020 by The German American Bank reported 16 jobs and $177,400 was used to fund payroll.

Derby distribution inc is Existing or more than 2 years old

PPP Loan Search / TN / MARYVILLE / Derby distribution inc

DERBY DISTRIBUTION INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DERBY DISTRIBUTION INC

Borrower Address

1633 PERCHERON ST

Borrower City

MARYVILLE

Borrower State

TN

Borrower Zip

37801-3705

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177400.00

Current Approval Amount

177400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARYVILLE

Project County Name

BLOUNT

Project State

TN

Project Zip

37801-3705

CD

TN-02

Jobs Reported

16

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177400.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179096.24

Forgiveness Date

04/01/2021

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