PPP Loan information for Desoto collision centers, inc.

$1,184,303

Desoto collision centers, inc. was initially approved for PPP Loan of amount $1,184,303, the current approved amount is $1,184,303. The loan was approved on 04/12/2020 by The Cadence Bank reported 80 jobs and $1,184,303 was used to fund payroll.

Desoto collision centers, inc. is Existing or more than 2 years old

DESOTO COLLISION CENTERS, INC.

Date Approved

04/12/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DESOTO COLLISION CENTERS, INC.

Borrower Address

6751 ELMORE RD

Borrower City

SOUTHAVEN

Borrower State

MS

Borrower Zip

38671-9672

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1184302.50

Current Approval Amount

1184302.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHAVEN

Project County Name

DESOTO

Project State

MS

Project Zip

38671-9672

CD

MS-01

Jobs Reported

80

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1184302.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1190947.75

Forgiveness Date

11/12/2020

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