# PPP loan: SOUTHERN RATIO
> **$384K** approved 01/20/2021 · Paid in Full · Loan `1964468303`
## Borrower
- **Name:** SOUTHERN RATIO
- **Address:** 416 Preble St, South Portland, ME, 04106-3020
- **NAICS:** 722515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $384K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*