PPP Loan information for Derrick simpson

$20,700

Derrick simpson was initially approved for PPP Loan of amount $20,700, the current approved amount is $20,700. The loan was approved on 03/13/2021 by The Southern Bancorp Bank reported 1 jobs and $20,700 was used to fund payroll.

Derrick simpson is Existing or more than 2 years old

DERRICK SIMPSON

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

20700.00

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

Horn Lake

Project County Name

DESOTO

Project State

MS

Project Zip

38637-1077

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20800.95

Forgiveness Date

09/13/2021

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