# PPP loan: SOUTHERN INDUSTRIAL ELECTRIC INC
> **$289K** approved 02/12/2021 · Paid in Full · Loan `7767068408`
## Borrower
- **Name:** SOUTHERN INDUSTRIAL ELECTRIC INC
- **Address:** 466 Drake Dr, Douglas, GA, 31535-7287
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $289K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*