PPP Loan information for Desales community development

$531,300

Desales community development was initially approved for PPP Loan of amount $531,300, the current approved amount is $531,300. The loan was approved on 04/09/2020 by The Commerce Bank reported 55 jobs and $531,300 was used to fund payroll.

Desales community development is Existing or more than 2 years old

PPP Loan Search / MO / SAINT LOUIS / Desales community development

DESALES COMMUNITY DEVELOPMENT

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

DESALES COMMUNITY DEVELOPMENT

Borrower Address

2759 Russell Blvd

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63118-2137

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531300.00

Current Approval Amount

531300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63118-2137

CD

MO-01

Jobs Reported

55

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

531300.00

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

Non-Profit Organization

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

538398.76

Forgiveness Date

08/16/2021

;