# PPP loan: SOUTHERN STATES UTILITY TRAILER SALES INC.
> **$2.18M** approved 04/07/2020 · Paid in Full · Loan `7231387002`
## Borrower
- **Name:** SOUTHERN STATES UTILITY TRAILER SALES INC.
- **Address:** 550 HIGHWAY 49 South, RICHLAND, MS, 39218-9486
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.19M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Jobs reported:** 166
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*