# PPP loan: SOUTHERN CREDIT RECOVERY INC.
> **$423K** approved 03/02/2021 · Paid in Full · Loan `5971918510`
## Borrower
- **Name:** SOUTHERN CREDIT RECOVERY INC.
- **Address:** 3228 6th St, Metairie, LA, 70002-1640
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $383K (90%)
- **Forgiveness date:** 06/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $423K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Fidelity Bank
- **Servicing:** Fidelity Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*