PPP Loan information for Desoto concrete products inc

$69,302

Desoto concrete products inc was initially approved for PPP Loan of amount $69,302, the current approved amount is $69,302. The loan was approved on 05/23/2021 by The First Security Bank reported 9 jobs and $69,302 was used to fund payroll.

Desoto concrete products inc is Existing or more than 2 years old

PPP Loan Search / MS / Olive Branch / Desoto concrete products inc

DESOTO CONCRETE PRODUCTS INC

Date Approved

05/23/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DESOTO CONCRETE PRODUCTS INC

Borrower Address

220 Highway 305 N

Borrower City

Olive Branch

Borrower State

MS

Borrower Zip

38654-9054

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69301.92

Current Approval Amount

69301.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39084

Servicing Lender Name

First Security Bank

Servicing Lender Address

295 Hwy 6 W

Servicing Lender City

BATESVILLE

Servicing Lender State

MS

Servicing Lender Zip

38606-2557

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

38654-9054

CD

MS-01

Jobs Reported

9

NAICS Code

327390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69301.92

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39084

Originating Lender

First Security Bank

Originating Lender City

BATESVILLE

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69648.43

Forgiveness Date

11/23/2021

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