PPP Loan information for Desoto treated materials inc

$496,997

Desoto treated materials inc was initially approved for PPP Loan of amount $496,997, the current approved amount is $496,997. The loan was approved on 04/06/2020 by The The Peoples Bank reported 51 jobs and $496,997 was used to fund payroll.

Desoto treated materials inc is Existing or more than 2 years old

PPP Loan Search / MS / WIGGINS / Desoto treated materials inc

DESOTO TREATED MATERIALS INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DESOTO TREATED MATERIALS INC

Borrower Address

941 MAGNOLIA DR

Borrower City

WIGGINS

Borrower State

MS

Borrower Zip

39577-2707

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496997.00

Current Approval Amount

496997.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIGGINS

Project County Name

STONE

Project State

MS

Project Zip

39577-2707

CD

MS-04

Jobs Reported

51

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

496997.00

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

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

500310.31

Forgiveness Date

12/14/2020

;