PPP Loan information for Derry's well drilling, inc.

$60,833

Derry's well drilling, inc. was initially approved for PPP Loan of amount $60,833, the current approved amount is $60,833. The loan was approved on 04/11/2020 by The Uwharrie Bank reported 5 jobs and $60,833 was used to fund payroll.

Derry's well drilling, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Derry's well drilling, inc.

DERRY'S WELL DRILLING, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DERRY'S WELL DRILLING, INC.

Borrower Address

44283-A NC Hwy 24/27/73

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60832.50

Current Approval Amount

60832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-0001

CD

NC-08

Jobs Reported

5

NAICS Code

221310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60832.50

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61434.07

Forgiveness Date

04/14/2021

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