# PPP loan: SOUTHERN HEATING AND COOLING INC
> **$323K** approved 01/27/2021 · Paid in Full · Loan `6407578301`
## Borrower
- **Name:** SOUTHERN HEATING AND COOLING INC
- **Address:** 2413 E Willow St, Scottsboro, AL, 35768-4123
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $324K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $323K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*