DERRICK MUSIC, LLC (WV) - 2020 PPP Loan Borrower Profile (# 9272707106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DERRICK MUSIC, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in West Virginia.

Loan Detail

Loan Number

9272707106

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$102,200

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$102,992.05

Date Loan was Forgiven

Jan 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,200

Payroll Proced

81,000

Mortgage Interest Proceed

11,000

Lender

Burke and Herbert Bank and Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

532284

Borrower Location

CHARLESTON, WV

Project Location

CHARLESTON, WV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.