# PPP loan: SOUTHERN SPECIALTY & SUPPLY INC
> **$171K** approved 02/20/2021 · Paid in Full · Loan `2425468505`
## Borrower
- **Name:** SOUTHERN SPECIALTY & SUPPLY INC
- **Address:** 212 Magnolia St, Houma, LA, 70360-6328
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*