PPP Loan information for M & t derby inc.

$49,819

M & t derby inc. was initially approved for PPP Loan of amount $49,819, the current approved amount is $49,819. The loan was approved on 02/19/2021 by The South Ottumwa Savings Bank reported 16 jobs and $49,819 was used to fund payroll.

M & t derby inc. is Existing or more than 2 years old

M & T DERBY INC.

Date Approved

02/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

M & T DERBY INC.

Borrower Address

315 Church St

Borrower City

Ottumwa

Borrower State

IA

Borrower Zip

52501-4212

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49819.00

Current Approval Amount

49819.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ottumwa

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-4212

CD

IA-03

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49817.00

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

Corporation

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50213.40

Forgiveness Date

12/08/2021

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