Yes, that board and the new CPU are compatible.
What you did not do when you installed the new CPU in the old mobo was that you did not reset the BIOS to defaults.
Now this is what you need to do, reset the BIOS to defaults. If you can't see the Post screen, you will need to remove the CMOS battery to be able to reset the BIOS.
Do that, and then go ahead and boot into BIOS. See if the new processor is recognized as the new processor, and then boot into safe mode after saving and exiting the BIOS.
Let the system settle down and then reboot into normal mode.
Everything should work out fine.