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Derby Trucking LLC

$218,500 PPP Loan in Merrill, Iowa

Loan Details

Loan Number
6112937004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$218,500
Current Approval
$218,500
Forgiveness Amount
$221,268
Forgiveness Date
Jul 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Derby Trucking LLC
Address
23517 Old Hwy 75
City
Merrill
State
Iowa
ZIP Code
51038
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$189,841
Utilities
$1,200
Health Care
$5,943
Mortgage Interest
$4,516
Debt Interest
$17,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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