Frederick Derr & Company, INC

$1,334,600 PPP Loan in Sarasota, Florida

Loan Details

Loan Number
5604557010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,334,600
Current Approval
$1,334,600
Forgiveness Amount
$1,343,831
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Frederick Derr & Company, INC
Address
1451 Myrtle St
State
Florida
ZIP Code
34234-4723
Business Type
Cooperative
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$37.5M
Rural/Urban
Urban
Congressional District
FL-17

Loan Use Breakdown

Payroll
$1,271,200
Rent
$20,900
Utilities
$10,000
Debt Interest
$32,500

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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