PPP Loan information for Derrick welch

$20,833

Derrick welch was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/30/2021 by The Customers Bank reported 1 jobs and $20,833 was used to fund payroll.

Derrick welch is Existing or more than 2 years old

PPP Loan Search / AL / Muscle Shoals / Derrick welch

DERRICK WELCH

Date Approved

04/30/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DERRICK WELCH

Borrower Address

708 Fordsway Ave

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661-1812

Loan Status Date

03/11/2023

Loan Status

Charged Off

Term

38

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muscle Shoals

Project County Name

COLBERT

Project State

AL

Project Zip

35661-1812

CD

AL-04

Jobs Reported

1

NAICS Code

561730

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

Independent Contractors

Originating Lender Location Id

529652

Originating Lender

Amur Equipment Finance, Inc.

Originating Lender City

Grand Island

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;