# PPP loan: SOUTHERN CURRENT LLC
> **$1.34M** approved 04/05/2020 · Paid in Full · Loan `5305417003`
## Borrower
- **Name:** SOUTHERN CURRENT LLC
- **Address:** 1519 King St Ext, NORTH CHARLESTON, SC, 29405-9329
- **NAICS:** 221114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Rent:** $290K
- **Utilities:** $3K
- **Jobs reported:** 84
## 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*