# PPP loan: SOUTHERN MARKET GROUP, INC
> **$491K** approved 04/04/2020 · Paid in Full · Loan `4911637005`
## Borrower
- **Name:** SOUTHERN MARKET GROUP, INC
- **Address:** 9915 State HWY 53, ARDMORE, OK, 73401
- **NAICS:** 454210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Utilities:** $49K
- **Jobs reported:** 62
## Lender
- **Originating:** First National Bank and Trust Company of Ardmore
- **Servicing:** First National Bank and Trust Company of Ardmore (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*