Date Approved
04/16/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
DESOTO PALMS, LLC
Borrower Address
5601 N Honore Ave,
Borrower City
Sarasota
Borrower State
FL
Borrower Zip
34243-6223
Loan Status Date
10/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
290000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SARASOTA
Project State
Project Zip
CD
FL-17
Jobs Reported
58
NAICS Code
623312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
293964.66
Forgiveness Date
09/10/2021