# PPP loan: SOUTHERN INGENUITY INC.
> **$743K** approved 04/20/2021 · Paid in Full · Loan `6540288808`
## Borrower
- **Name:** SOUTHERN INGENUITY INC.
- **Address:** 3250 HWY 79, HOMER, LA, 71040
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $743K
- **Initial approval:** $743K
- **Forgiven:** $748K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $743K
- **Jobs reported:** 226
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*