PPP Loan information for Derrick compton

$5,983

Derrick compton was initially approved for PPP Loan of amount $5,983, the current approved amount is $5,983. The loan was approved on 03/20/2021 by The Magnolia Bank Incorporated reported 1 jobs and $5,983 was used to fund payroll.

Derrick compton is Existing or more than 2 years old

PPP Loan Search / KY / Irvington / Derrick compton

DERRICK COMPTON

Date Approved

03/20/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DERRICK COMPTON

Borrower Address

211 S 3rd St

Borrower City

Irvington

Borrower State

KY

Borrower Zip

40146-7277

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5983.00

Current Approval Amount

5983.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvington

Project County Name

BRECKINRIDGE

Project State

KY

Project Zip

40146-7277

CD

KY-02

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

5981.00

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

Self-Employed Individuals

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5996.30

Forgiveness Date

06/15/2021

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