Derick Associates, Inc.

$239,190 PPP Loan in Gaithersburg, Maryland

Loan Details

Loan Number
8935797108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$239,190
Current Approval
$239,190
Forgiveness Amount
$241,529
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Derick Associates, Inc.
Address
8545 Atlas Drive
ZIP Code
20877
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$180,000
Rent
$11,959
Utilities
$11,959
Health Care
$35,272

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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