# PPP loan: SOUTHERN CRAFT MFG. INC.
> **$1.04M** approved 04/07/2020 · Paid in Full · Loan `7039467002`
## Borrower
- **Name:** SOUTHERN CRAFT MFG. INC.
- **Address:** 850 N. Main Street, LORETTO, TN, 38469-2354
- **NAICS:** 339995
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 127
## Lender
- **Originating:** First Farmers and Merchants Bank
- **Servicing:** First Farmers and Merchants Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*