# PPP loan: SOUTHERN ELECTRICOM COMPANY
> **$218K** approved 04/06/2020 · Paid in Full · Loan `5708007003`
## Borrower
- **Name:** SOUTHERN ELECTRICOM COMPANY
- **Address:** 8430 COLUMBUS RD, LIZELLA, GA, 31052-3224
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 19
## Lender
- **Originating:** Sunmark Community Bank
- **Servicing:** Sunmark Community Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*