# PPP loan: SOUTHERN CARTON COMPANY
> **$591K** approved 04/13/2020 · Paid in Full · Loan `4954857110`
## Borrower
- **Name:** SOUTHERN CARTON COMPANY
- **Address:** 1340 HIGGS RD, LEWISBURG, TN, 37091-4411
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $591K
- **Initial approval:** $591K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Rent:** $63K
- **Utilities:** $18K
- **Health care:** $35K
- **Jobs reported:** 50
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*