# PPP loan: SOUTHERS CONCRETE INC.
> **$250K** approved 02/10/2021 · Paid in Full · Loan `6074778401`
## Borrower
- **Name:** SOUTHERS CONCRETE INC.
- **Address:** 1401 Willis Road 1401 Willis Road, NORTH CHESTERFIELD, VA, 23237
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 20
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*