# PPP loan: SOUTHERN REBAR & SUPPLIES, INC.
> **$740K** approved 04/05/2020 · Paid in Full · Loan `5080067003`
## Borrower
- **Name:** SOUTHERN REBAR & SUPPLIES, INC.
- **Address:** 4615 COSTER RD, KNOXVILLE, TN, 37912-4126
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $749K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $648K
- **Rent:** $58K
- **Utilities:** $25K
- **Debt interest:** $9K
- **Jobs reported:** 78
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*