# PPP loan: ST. GIAB INC
> **$301K** approved 04/15/2020 · Paid in Full · Loan `9834977109`
## Borrower
- **Name:** ST. GIAB INC
- **Address:** 1531 DESOTO AVE, CLARKSDALE, MS, 38614-2800
- **NAICS:** 446120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Mortgage interest:** $45K
- **Utilities:** $30K
- **Jobs reported:** 203
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*