# PPP loan: GULF SOUTH COMMUNICATIONS, INC.
> **$278K** approved 04/06/2020 · Paid in Full · Loan `5916167010`
## Borrower
- **Name:** GULF SOUTH COMMUNICATIONS, INC.
- **Address:** 3245 Montgomery Highway, DOTHAN, AL, 36303-2108
- **NAICS:** 515112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $12K
- **Utilities:** $44K
- **Jobs reported:** 20
## Lender
- **Originating:** Troy Bank & Trust Company
- **Servicing:** Troy Bank & Trust Company (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*