# PPP loan: DESOTO PALMS, LLC
> **$290K** approved 04/16/2020 · Paid in Full · Loan `2754217200`
## Borrower
- **Name:** DESOTO PALMS, LLC
- **Address:** 5601 N Honore Ave,, Sarasota, FL, 34243-6223
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Jobs reported:** 58
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*