# PPP loan: SOUTHLAND ELECTRIC COMPANY INC
> **$872K** approved 04/09/2020 · Paid in Full · Loan `9543597004`
## Borrower
- **Name:** SOUTHLAND ELECTRIC COMPANY INC
- **Address:** 5640 Clifford Circle Suite B, BIRMINGHAM, AL, 35210-4453
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $872K
- **Initial approval:** $872K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $872K
- **Jobs reported:** 72
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*