# PPP loan: SOUTHERN CONSOLIDATED ELECTRICAL SALES, INC
> **$328K** approved 04/07/2020 · Paid in Full · Loan `7433317001`
## Borrower
- **Name:** SOUTHERN CONSOLIDATED ELECTRICAL SALES, INC
- **Address:** 3724 1ST AVE N, BIRMINGHAM, AL, 35222-1300
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Rent:** $18K
- **Utilities:** $3K
- **Jobs reported:** 17
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*