# PPP loan: SOUTHERN TECHNICAL SOLUTIONS, INC.
> **$1.09M** approved 04/08/2020 · Paid in Full · Loan `8221327007`
## Borrower
- **Name:** SOUTHERN TECHNICAL SOLUTIONS, INC.
- **Address:** 26700 SUCCESS DR, MADISON, AL, 35756-4634
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $873K
- **Rent:** $210K
- **Utilities:** $8K
- **Jobs reported:** 95
## Lender
- **Originating:** Premier Bank of the South
- **Servicing:** Premier Bank of the South (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*