# PPP loan: SOUTHERN UTILITIES COMPANY
> **$789K** approved 04/13/2020 · Paid in Full · Loan `4950867105`
## Borrower
- **Name:** SOUTHERN UTILITIES COMPANY
- **Address:** 218 BROADWAY AVE, TYLER, TX, 75702-5707
- **NAICS:** 221310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $789K
- **Initial approval:** $789K
- **Forgiven:** $800K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $789K
- **Jobs reported:** 57
## Lender
- **Originating:** Southside Bank
- **Servicing:** Southside Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*