# PPP loan: OAK GROVE RETIREMENT HOME, INC
> **$460K** approved 04/14/2020 · Paid in Full · Loan `7803407100`
## Borrower
- **Name:** OAK GROVE RETIREMENT HOME, INC
- **Address:** 209 Oak Circle, DUNCAN, MS, 38740-0198
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Mortgage interest:** $69K
- **Utilities:** $46K
- **Jobs reported:** 63
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*