# PPP loan: SORG SOUTH, INC.
> **$174K** approved 04/06/2020 · Paid in Full · Loan `5959847002`
## Borrower
- **Name:** SORG SOUTH, INC.
- **Address:** 2845 N DETROIT ST, WARSAW, IN, 46582-2277
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $10K
- **Utilities:** $7K
- **Health care:** $18K
- **Jobs reported:** 24
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*