PPP Loan information for Desoto sod farms inc

$31,500

Desoto sod farms inc was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 04/10/2020 by The BankPlus reported 5 jobs and $31,500 was used to fund payroll.

Desoto sod farms inc is Existing or more than 2 years old

DESOTO SOD FARMS INC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DESOTO SOD FARMS INC

Borrower Address

5511 COUNTY ROAD 216

Borrower City

OAKLAND

Borrower State

MS

Borrower Zip

38948-2878

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

YALOBUSHA

Project State

MS

Project Zip

38948-2878

CD

MS-02

Jobs Reported

5

NAICS Code

111998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31820.25

Forgiveness Date

04/19/2021

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