# PPP loan: SOUTH WALTON UTILITY CO INC
> **$550K** approved 04/27/2020 · Paid in Full · Loan `3717267210`
## Borrower
- **Name:** SOUTH WALTON UTILITY CO INC
- **Address:** 369 Miramar Beach Dr, MIRAMAR BEACH, FL, 32550
- **NAICS:** 926130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $559K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Jobs reported:** 38
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*