Desoto School, INC

$170,000 PPP Loan in West Helena, Arkansas

Loan Details

Loan Number
6324687101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$170,000
Current Approval
$170,000
Forgiveness Amount
$172,021
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Desoto School, INC
Address
497 Thunderbird Dr
ZIP Code
72390-9304
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$127,500
Rent
$25,500
Utilities
$17,000

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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