# PPP loan: SOUTHERN HEAT EXCHANGER CORPORATION
> **$2.00M** approved 02/12/2021 · Paid in Full · Loan `7493708401`
## Borrower
- **Name:** SOUTHERN HEAT EXCHANGER CORPORATION
- **Address:** 6100 Old Montgomery Hwy, Tuscaloosa, AL, 35405-4224
- **NAICS:** 332410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 164
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*