# PPP loan: DIVERSIFIED SOUTH MANAGEMENT, INC.
> **$162K** approved 04/06/2020 · Paid in Full · Loan `6262347010`
## Borrower
- **Name:** DIVERSIFIED SOUTH MANAGEMENT, INC.
- **Address:** 5044 South ASTOR CIR, DELRAY BEACH, FL, 33484-8138
- **NAICS:** 811192
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $9K
- **Utilities:** $300
- **Jobs reported:** 24
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*