# PPP loan: SOUTHERN GROUTS & MORTARS, INC
> **$860K** approved 04/08/2020 · Paid in Full · Loan `8374537001`
## Borrower
- **Name:** SOUTHERN GROUTS & MORTARS, INC
- **Address:** 1502 SW 2ND PL, POMPANO BEACH, FL, 33069-3220
- **NAICS:** 325520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $860K
- **Initial approval:** $860K
- **Forgiven:** $871K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $860K
- **Jobs reported:** 82
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*