# PPP loan: SOUTHERN ERECTORS INC
> **$2.00M** approved 03/12/2021 · Paid in Full · Loan `9701198506`
## Borrower
- **Name:** SOUTHERN ERECTORS INC
- **Address:** 6540 W Nine Mile Rd, Pensacola, FL, 32526-4288
- **NAICS:** 334512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.85M (92%)
- **Forgiveness date:** 04/06/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 212
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*