# PPP loan: SOUTHERN COFFEE COMPANY
> **$792K** approved 04/10/2020 · Charged Off · Loan `1348847103`
## Borrower
- **Name:** SOUTHERN COFFEE COMPANY
- **Address:** 730 1st Ave, BIRMINGHAM, AL, 35203-3006
- **NAICS:** 311920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $792K
- **Initial approval:** $792K
- **Forgiven:** $549K (69%)
- **Forgiveness date:** 12/08/2021
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $792K
- **Jobs reported:** 165
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*