# PPP loan: SOUTHGATE REALTY
> **$173K** approved 04/11/2020 · Paid in Full · Loan `3160337100`
## Borrower
- **Name:** SOUTHGATE REALTY
- **Address:** 1700 S 28TH AVE STE C, HATTIESBURG, MS, 39402-3111
- **NAICS:** 531210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $131K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Utilities:** $16K
- **Health care:** $14K
- **Jobs reported:** 15
## 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*