PPP Loan information for W. derek malcolm, attorney

$85,500

W. derek malcolm, attorney was initially approved for PPP Loan of amount $85,500, the current approved amount is $85,500. The loan was approved on 04/13/2020 by The The First Bank and Trust Company reported 7 jobs and $85,500 was used to fund payroll.

W. derek malcolm, attorney is Existing or more than 2 years old

W. DEREK MALCOLM, ATTORNEY

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

W. DEREK MALCOLM, ATTORNEY

Borrower Address

100 5TH ST Suite 520

Borrower City

BRISTOL

Borrower State

TN

Borrower Zip

37620-5919

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85500.00

Current Approval Amount

85500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-5919

CD

TN-01

Jobs Reported

7

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85500.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86108.00

Forgiveness Date

01/07/2021

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