# PPP loan: SOUTHCORP PROPERTIES, LLC
> **$247K** approved 05/18/2020 · Paid in Full · Loan `8125317407`
## Borrower
- **Name:** SOUTHCORP PROPERTIES, LLC
- **Address:** 171 MELROSE LN, TRYON, NC, 28782-3692
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 27
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*