DERRICK SPENCER (WV) - 2020 PPP Loan Borrower Profile (# 5140508602)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DERRICK SPENCER. 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

5140508602

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$20,800

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$20,897.64

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,800

Lender

FNB Bank, Inc.

Business Detail

Business Type

Self-Employed Individuals

NAICS

112320

Borrower Location

Burlington, WV

Project Location

Burlington, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.