Desoto Sales, INC

$1,580,552 PPP Loan in Canoga Park, California

Loan Details

Loan Number
1416297303
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,580,552
Current Approval
$1,580,552
Forgiveness Amount
$1,600,861
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Desoto Sales, INC
Address
20945 Osborne St
ZIP Code
91304-1847
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$32.8M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$1,230,552
Rent
$320,000
Utilities
$20,000
Mortgage Interest
$10,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

Other PPP Loans in Canoga Park, CA

BusinessApproved
Land Mark Electric, Inc.$3,669,700NewBizBotResearch
Pacific Coast Tree Experts$3,123,980NewBizBotResearch
Rte Enterprises, Inc.$2,485,481NewBizBotResearch
Marmalade LLC$1,993,683NewBizBotResearch
Symbiont Retailers LLC$1,986,972NewBizBotResearch

Want to research this company further?

Try NewBizBot free