PPP Loan information for Desoto inns, inc

$111,400

Desoto inns, inc was initially approved for PPP Loan of amount $111,400, the current approved amount is $111,400. The loan was approved on 04/14/2020 by The Renasant Bank reported 24 jobs and $111,400 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

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DESOTO INNS, INC

Borrower Address

6830 Cumpler Blvd

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111400.00

Current Approval Amount

111400.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

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

38654-0001

CD

MS-01

Jobs Reported

24

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111400.00

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

Subchapter S Corporation

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112464.49

Forgiveness Date

04/15/2021

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