Derek Hutcheson Insurance Agency, Inc.

$40,200 PPP Loan in Eastman, Georgia

Loan Details

Loan Number
3719797209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$40,200
Current Approval
$40,200
Forgiveness Amount
$40,473
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Derek Hutcheson Insurance Agency, Inc.
Address
401 Main Street
State
Georgia
ZIP Code
31023-6245
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
GA-08

Loan Use Breakdown

Payroll
$31,000
Utilities
$1,000
Mortgage Interest
$8,200

Lender Information

Servicing Lender
Magnolia State Bank
Originating Lender
Magnolia State Bank

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