# PPP loan: SOUTHERN CLEARING, LLC
> **$356K** approved 04/27/2020 · Paid in Full · Loan `4308877209`
## Borrower
- **Name:** SOUTHERN CLEARING, LLC
- **Address:** 2129 TIMBERLANE RD, BUTLER, AL, 36904-0425
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 79
## Lender
- **Originating:** Sweet Water State Bank
- **Servicing:** Sweet Water State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*