PPP Loan information for Derek welch

$26,405

Derek welch was initially approved for PPP Loan of amount $26,405, the current approved amount is $26,405. The loan was approved on 03/03/2021 by The Concordia Bank & Trust Company reported 1 jobs and $26,405 was used to fund payroll.

Derek welch is Existing or more than 2 years old

DEREK WELCH

Date Approved

03/03/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DEREK WELCH

Borrower Address

301 Holly St

Borrower City

Vidalia

Borrower State

LA

Borrower Zip

71373-2635

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26405.43

Current Approval Amount

26405.43

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29338

Servicing Lender Name

Concordia Bank & Trust Company

Servicing Lender Address

904 Carter St

Servicing Lender City

VIDALIA

Servicing Lender State

LA

Servicing Lender Zip

71373-3208

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vidalia

Project County Name

CONCORDIA

Project State

LA

Project Zip

71373-2635

CD

LA-05

Jobs Reported

1

NAICS Code

111110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

26399.43

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

Sole Proprietorship

Originating Lender Location Id

29338

Originating Lender

Concordia Bank & Trust Company

Originating Lender City

VIDALIA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26651.40

Forgiveness Date

02/09/2022

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