PPP Loan information for Derek donuts inc

$262,500

Derek donuts inc was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 03/30/2021 by The Westfield Bank reported 25 jobs and $262,500 was used to fund payroll.

Derek donuts inc is Existing or more than 2 years old

PPP Loan Search / MA / Ludlow / Derek donuts inc

DEREK DONUTS INC

Date Approved

03/30/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

DEREK DONUTS INC

Borrower Address

4 Harding Ave

Borrower City

Ludlow

Borrower State

MA

Borrower Zip

01056-2370

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ludlow

Project County Name

HAMPDEN

Project State

MA

Project Zip

01056-2370

CD

MA-01

Jobs Reported

25

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262500.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

263725.00

Forgiveness Date

09/17/2021

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