# PPP loan: SOUTHERN STATES ELECTRIC COMPANY
> **$368K** approved 02/14/2021 · Paid in Full · Loan `8986258400`
## Borrower
- **Name:** SOUTHERN STATES ELECTRIC COMPANY
- **Address:** 1124 Brinkley Ave, Murfreesboro, TN, 37129-4439
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 32
## 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*