# PPP loan: SOUTHERN CONSTRUCTION GROUP
> **$329K** approved 04/14/2020 · Paid in Full · Loan `7421977101`
## Borrower
- **Name:** SOUTHERN CONSTRUCTION GROUP
- **Address:** 1179 Highway 68, Sweetwater, TN, 37874-5108
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Rent:** $6K
- **Utilities:** $2K
- **Jobs reported:** 33
## Lender
- **Originating:** CapStar Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*