PPP Loan information for Desoto auto sales llc

$276,414

Desoto auto sales llc was initially approved for PPP Loan of amount $256,400, the current approved amount is $276,414. The loan was approved on 04/07/2020 by The The Citizens National Bank of Meridian reported 22 jobs and $276,414 was used to fund payroll.

Desoto auto sales llc is Existing or more than 2 years old

PPP Loan Search / MS / OLIVE BRANCH / Desoto auto sales llc

DESOTO AUTO SALES LLC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DESOTO AUTO SALES LLC

Borrower Address

5704 GOODMAN RD

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-9707

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256400.00

Current Approval Amount

276414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-9707

CD

MS-01

Jobs Reported

22

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27641.40

Payroll Proceed

221131.20

Mortgage Interest Proceed

27641.40

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278441.04

Forgiveness Date

12/30/2020

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