PPP Loan information for Desoto school, inc

$170,000

Desoto school, inc was initially approved for PPP Loan of amount $170,000, the current approved amount is $170,000. The loan was approved on 04/14/2020 by The Southern Bancorp Bank reported 49 jobs and $170,000 was used to fund payroll.

Desoto school, inc is Existing or more than 2 years old

PPP Loan Search / AR / WEST HELENA / Desoto school, inc

DESOTO SCHOOL, INC

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DESOTO SCHOOL, INC

Borrower Address

497 THUNDERBIRD DR

Borrower City

WEST HELENA

Borrower State

AR

Borrower Zip

72390-9304

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170000.00

Current Approval Amount

170000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST HELENA

Project County Name

PHILLIPS

Project State

AR

Project Zip

72390-9304

CD

AR-01

Jobs Reported

49

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

127500.00

Mortgage Interest Proceed

0.00

Rent Proceed

25500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

172021.37

Forgiveness Date

06/24/2021

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