# PPP loan: SOUTHERN TIRES, INC
> **$310K** approved 04/12/2020 · Paid in Full · Loan `3947367102`
## Borrower
- **Name:** SOUTHERN TIRES, INC
- **Address:** 2608 W MAIN ST, WHISTLER, AL, 36612
- **NAICS:** 423130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Jobs reported:** 40
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*