# PPP loan: SOUTHERN GUNITE LP
> **$279K** approved 04/12/2020 · Paid in Full · Loan `4072227107`
## Borrower
- **Name:** SOUTHERN GUNITE LP
- **Address:** 6508 COLLEYVILLE BLVD SUITE 300, COLLEYVILLE, TX, 76034-6230
- **NAICS:** 238110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $20K
- **Utilities:** $5K
- **Health care:** $3K
- **Jobs reported:** 56
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*