PPP Loan information for Desoto timber inc.

$42,128

Desoto timber inc. was initially approved for PPP Loan of amount $42,128, the current approved amount is $42,128. The loan was approved on 01/23/2021 by The The Peoples Bank reported 3 jobs and $42,128 was used to fund payroll.

Desoto timber inc. is Existing or more than 2 years old

PPP Loan Search / MS / Wiggins / Desoto timber inc.

DESOTO TIMBER INC.

Date Approved

01/23/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

DESOTO TIMBER INC.

Borrower Address

1437 Central Ave E

Borrower City

Wiggins

Borrower State

MS

Borrower Zip

39577-9611

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42127.50

Current Approval Amount

42127.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39155

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

152 Lameuse St

Servicing Lender City

BILOXI

Servicing Lender State

MS

Servicing Lender Zip

39530-4214

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wiggins

Project County Name

STONE

Project State

MS

Project Zip

39577-9611

CD

MS-04

Jobs Reported

3

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42127.50

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

Subchapter S Corporation

Originating Lender Location Id

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42697.39

Forgiveness Date

05/31/2022

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