Desoto Auto Sales LLC

$256,400 PPP Loan in Olive Branch, Mississippi

Loan Details

Loan Number
7053657007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$256,400
Current Approval
$276,414
Forgiveness Amount
$278,441
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Desoto Auto Sales LLC
Address
5704 Goodman Rd
ZIP Code
38654-9707
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MS-01

Loan Use Breakdown

Payroll
$221,131
Utilities
$27,641
Mortgage Interest
$27,641

Lender Information

Servicing Lender
The Citizens National Bank of Meridian
Originating Lender
The Citizens National Bank of Meridian

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