# PPP loan: SOUTHLAND METALS INC.
> **$214K** approved 02/27/2021 · Paid in Full · Loan `5164538507`
## Borrower
- **Name:** SOUTHLAND METALS INC.
- **Address:** 115 Carnahan Dr Ste 2, Maumelle, AR, 72113-6754
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $215K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $214K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Merchants and Farmers Bank
- **Servicing:** Merchants and Farmers Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*