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PPP loans in DeSoto County, Mississippi

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 8,321 Paycheck Protection Program loans for businesses it recorded in DeSoto County, $280.6 million in all.

DeSoto County, as of September 30, 2024

$280.6 million
Approved
$280,588,611
5.2% of the $5.4 billion approved in Mississippi.
8,321
Loans
6,623 first draws and 1,698 second draws.
88.6%
Forgiven
7,369 of 8,321 loans carry a forgiveness amount, $261.2 million in all.
8.5%
Charged off
705 of 8,321 loans, approved for $14.0 million. That is the loans' size, not what SBA lost.

The largest borrowers in DeSoto County · 2020–21

1 more column on a wider screen

The largest borrowers in DeSoto County, 2020–21
RankNameUSD
1Veritas Healthcare Group LLC, Southaven$3.4 million
2Prewett Enterprises, Inc., Walls$3.0 million
3Upchurch Services, LLC, Horn Lake$2.1 million
4Prewett Enterprises Inc, Walls$2.0 million
5Shifflett Enterprises, Inc, Olive Branch$2.0 million
6Northcentral Electric Cooperative, Olive Branch$2.0 million
7Priests Of The Sacred Heart Inc., Walls$1.9 million
8Whitmor Inc, Southaven$1.6 million
9Memphis Barbecue Company, LLC, Horn Lake$1.6 million
10Advance Electric Co, Inc, Olive Branch$1.3 million
11Desoto Collision Centers, Inc., Southaven$1.2 million
12Northpoint Christian School Inc., Southaven$1.1 million
13Moore Advanced Inc., Hernando$1.1 million
14Michael E. Steuer MD, P.C., Southaven$1.0 million
15Michael Hatcher & Associates, Inc., Olive Branch$1.0 million
16Ams Services, LLC, Nesbit$989,300
17Natureplex, LLC, Olive Branch$978,600
18Moore Advanced Staffing, LLC, Olive Branch$949,400
19Whitfield Electric Company, Hernando$926,100
20Ams Services LLC, Nesbit$922,688
21Desoto Healthcare Inc., Southaven$897,415
22Oxford Foods Inc, Horn Lake$894,000
23Southaven Rv Center, Inc, Southaven$881,200
24North American Electric, Inc., Hernando$802,631
25North American Electric Inc., Hernando$802,630
26War Logistics Inc, Southaven$769,607
27Jimmy Gray Chevrolet, Inc., Southaven$742,835
28Turning Point Home Health, Inc., Southaven$742,000
29Medical Machining Specialist, Olive Branch$719,900
30Hunter Trading Company LLC., Olive Branch$706,720
31Mid-South Anesthesia Consultants, PLLC, Southaven$698,590
32First Regional Library, Hernando$694,505
33L&T Services LLC, Hernando$686,888
34Emergency Equipment Professionals Inc, Horn Lake$682,000
35L & T Services, LLC, Hernando$681,000
36Flyway Express LLC, Horn Lake$665,500
37War Logistics, Inc, Southaven$654,222
38Family Medical Clinic Of North Mississippi Inc, Southaven$639,500
39Htc Holdings, LLC, Olive Branch$625,000
40American Petroleum Sales & Service, A Division Of Murphy & S, Southaven$587,481
41Talbot Bros. Grading Co., Inc., Nesbit$586,500
42Gulf South Security Solutions, LLC, Nesbit$584,410
43Magnolia Lighting Inc, Hernando$577,100
44Upchurch Industrial, LLC, Horn Lake$575,800
45River Pointe Electric LLC, Nesbit$571,501
46Olive Branch Family Medical Center, Olive Branch$566,800
47M & H Contractors, LLC, Olive Branch$565,700
48Talbot Bros. Contracting Co., Inc., Nesbit$565,200
49Professional Stone Kitchen And Bath, Olive Branch$564,534
50Brown Missionary Baptist Church, Southaven$557,468
51Murphy & Sons Inc, Southaven$535,500
52Psp Solutions LLC, Southaven$532,857
53Canamex-Carbra Transportation Services LLC, Olive Branch$532,700
54Property Maintenance Solutions, Olive Branch$522,830
55Cantrell Services LLC, Olive Branch$500,875
56Mbc Dunwoody, LLC, Horn Lake$497,173
57First Pharmacy Services Of Tn, LLC, Olive Branch$489,584
58All-Star Chevrolet Inc, Olive Branch$480,300
59Desoto County Electric, Inc., Horn Lake$462,910
60The Great American Home Store, Inc., Southaven$456,728
61Ground Support Specialist, LLC, Horn Lake$455,200
62Roy Construction Company Inc, Olive Branch$450,013
63Cook Electrical Contractors LLC, Southaven$448,657
64Desoto County Electric Inc., Horn Lake$445,393
65Sunrise Builders Supply, LLC, Horn Lake$442,400
66Moore Construction, Lake Cormorant$415,751
67Grumpy LLC, Horn Lake$410,400
68American Services, LLC, Lake Cormorant$408,200
69Yourway Freight LLC, Olive Branch$400,000
70Ground Support Specialist, LLC, Horn Lake$399,500
71Southaven Taco Stand LLC, Southaven$398,986
72Mitch Wright Plumbing, Heating & Air, Inc, Southaven$392,700
73Truck Market, LLC., Olive Branch$385,506
74Huey's Southaven LLC, Southaven$385,400
75J.T. Shannon Lumber Company Inc., Horn Lake$371,600
76V McGee Inc., Southaven$370,137
77V McGee Inc., Southaven$367,700
78Network Of International Christial Schools, Southaven$355,000
79Ob Hotel & Conference Center LLC, Olive Branch$354,333
80Application Data Systems, Inc, Southaven$353,882
81Abbay Hyde LLC, Walls$353,083
82Advance Trailer Maintenance LLC, Olive Branch$351,755
83Life Fellowship, Southaven$351,100
84Pinnacle Medical Solutions, LLC, Southaven$349,500
85Spiral Systems, Nesbit$348,800
85Spiral Systems Inc., Nesbit$348,800
87Civil-Link LLC, Southaven$346,700
88Chandler Lawn Service, Inc., Olive Branch$343,320
89Tyrone Contruction, LLC, Olive Branch$343,000
90Tyrone Construction LLC, Olive Branch$342,986
91Pharm-Care Inc, Southaven$338,789
92Tri State Auto Parts, Inc., Walls$336,900
93William, Pitts Adn Beard, PLLC, Hernando$334,690
94Onyx Cw Southaven LLC, Southaven$332,900
95Whispering Woods Hotel & Conference Center, Olive Branch$332,500
96Kings Court LLC, Southaven$331,548
97Maples Memorial United Methodist Church, Olive Branch$329,698
98Simple Strokes Therapy Consultants Pa, Southaven$328,023
99L&T Construction Inc, Hernando$322,103
100Infinity Logistics Corporation, Southaven$321,000

How the list is drawn

  • 100 of the 7,530 borrowers ranked in DeSoto County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in DeSoto County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved