PPP Loan information for Desoto inns inc

$155,999

Desoto inns inc was initially approved for PPP Loan of amount $155,999, the current approved amount is $155,999. The loan was approved on 02/08/2021 by The Itria Ventures LLC reported 25 jobs and $155,999 was used to fund payroll.

Desoto inns inc is Existing or more than 2 years old

PPP Loan Search / MS / Olive Branch / Desoto inns inc

DESOTO INNS INC

Date Approved

02/08/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

DESOTO INNS INC

Borrower Address

6830 Crumpler Blvd

Borrower City

Olive Branch

Borrower State

MS

Borrower Zip

38654-2004

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155998.50

Current Approval Amount

155998.50

Undisbursed Amount

0.00

Franchise Name

Hampton Inn & Suites

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

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

38654-2004

CD

MS-01

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

155997.50

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157458.82

Forgiveness Date

02/07/2022

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