# PPP loan: DESOTO FUELS, INC.
> **$402K** approved 04/08/2020 · Paid in Full · Loan `8550947006`
## Borrower
- **Name:** DESOTO FUELS, INC.
- **Address:** 614 N. MAIN ST, DE SOTO, MO, 63020-1449
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Jobs reported:** 44
## Lender
- **Originating:** Town & Country Bank
- **Servicing:** Town & Country Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*