# PPP loan: NEW SOUTH HOSPITALITY, INC.
> **$184K** approved 04/15/2020 · Paid in Full · Loan `2261797201`
## Borrower
- **Name:** NEW SOUTH HOSPITALITY, INC.
- **Address:** 2202 CAUSEYVILLE RD, MERIDIAN, MS, 39301-7401
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $23K
- **Jobs reported:** 55
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*