Desoto Inns, INC
$111,400 PPP Loan in Olive Branch, Mississippi
Loan Details
- Loan Number
- 7855747110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $111,400
- Current Approval
- $111,400
- Forgiveness Amount
- $112,464
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Desoto Inns, INC
- Address
- 6830 Cumpler Blvd
- City
- Olive Branch
- State
- Mississippi
- ZIP Code
- 38654
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Hampton Inn
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $7.5M
- Rural/Urban
- Urban
- Congressional District
- MS-01
Loan Use Breakdown
- Payroll
- $111,400
Lender Information
- Servicing Lender
- Renasant Bank
- Originating Lender
- Renasant Bank
Other PPP Loans in Olive Branch, MS
| Business | Approved | |
|---|---|---|
| Shifflett Enterprises, INC | $1,977,300 | |
| Northcentral Electric Cooperative | $1,960,507 | |
| Advance Electric Co, INC | $1,276,000 | |
| Michael Hatcher & Associates, Inc. | $1,001,400 | |
| Natureplex, LLC | $978,600 |
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