Derrick Construction Co INC

$358,166 PPP Loan in Rockport, Texas

Loan Details

Loan Number
2947027100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$358,166
Current Approval
$358,166
Forgiveness Amount
$361,374
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Derrick Construction Co INC
Address
250 S Cove Harbor
State
Texas
ZIP Code
78382
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$329,806
Rent
$14,000
Utilities
$6,527
Debt Interest
$7,833

Lender Information

Servicing Lender
Charter Bank
Originating Lender
Charter Bank

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