# PPP loan: SOUTHERN MANAGEMENT GROUP INC
> **$874K** approved 02/02/2021 · Paid in Full · Loan `1848808410`
## Borrower
- **Name:** SOUTHERN MANAGEMENT GROUP INC
- **Address:** 4608 Opa Locka Ln, Destin, FL, 32541-0745
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $874K
- **Initial approval:** $874K
- **Forgiven:** $883K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $874K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** Trustmark National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*