PPP Loan information for Derrow automotive, llc

$599,700

Derrow automotive, llc was initially approved for PPP Loan of amount $599,700, the current approved amount is $599,700. The loan was approved on 04/13/2020 by The Premier Bank reported 50 jobs and $599,700 was used to fund payroll.

Derrow automotive, llc is Existing or more than 2 years old

DERROW AUTOMOTIVE, LLC

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

DERROW AUTOMOTIVE, LLC

Borrower Address

10305 US ROUTE 224 W

Borrower City

FINDLAY

Borrower State

OH

Borrower Zip

45840-1933

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

599700.00

Current Approval Amount

599700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FINDLAY

Project County Name

HANCOCK

Project State

OH

Project Zip

45840-1933

CD

OH-05

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

599700.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

605247.22

Forgiveness Date

03/17/2021

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