Desoto Automotive Enterprises, INC
$787,947 PPP Loan in Arcadia, Florida
Loan Details
- Loan Number
- 5343307202
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $787,947
- Current Approval
- $787,947
- Forgiveness Amount
- $794,141
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Desoto Automotive Enterprises, INC
- Address
- 3039 SE Hwy 70
- City
- Arcadia
- State
- Florida
- ZIP Code
- 34266-8599
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Chrysler - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 70
- Estimated Revenue
- $17.6M
- Rural/Urban
- Rural
- Congressional District
- FL-18
Loan Use Breakdown
- Payroll
- $787,947
Lender Information
- Servicing Lender
- Ally Bank
- Originating Lender
- Ally Bank
Other PPP Loans in Arcadia, FL
| Business | Approved | |
|---|---|---|
| Desoto County Hospital District | $2,700,000 | |
| A+ Environmental Restoration, LLC | $1,327,285 | |
| Hb Harvesting INC | $1,250,000 | |
| Bethel Farms, Lllp | $998,327 | |
| Sun Bulb Company | $993,180 |
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