PPP lender · derived table
Southern Bank (Sardis, GA)
Southern Bank, headquartered in Sardis, Georgia, is one of two separately chartered banks that SBA's PPP loan-level file lists under that name, told apart through bank regulators' 2020–21 call-report rosters. The file's records for this bank show 52 loans and $1.5 million in approved dollars, an average of $28,952 a loan. That is 0.0005% of the 11,468,171 loans in our per-lender totals. Borrowers on those loans reported 242 jobs, 4.7 a loan, and $6,221 of approved dollars for each reported job. The Southern Bank page adds the two banks together.
Totals
| Headquarters (call-report roster) | Sardis, Georgia |
| FDIC certificate | 16288 |
| Federal Reserve RSSD ID | 307334 |
| SBA lender location IDs | 19672 |
| Loans | 52 |
| Approved dollars | $1,505,521.18 |
| Average loan | $28,952.33 |
| Share of program loans | 0.0005% |
| Rank by approved dollars | Not ranked: ranks in this archive are by SBA lender name |
| Rank by loan count | Not ranked: ranks in this archive are by SBA lender name |
| Jobs reported | 242 |
| Jobs per loan | 4.6538 |
| Approved dollars per reported job | $6,221.16 |
| Borrowers | 48 |
| Loans per borrower | 1.083 |
| Lender type (archive classification) | Community bank |
| Modeled processing fees | $96,432.86 |
| Modeled fees, 2020 first-draw loans | $49,631.11 |
| Modeled fees, 2021 first-draw loans | $16,160.50 |
| Modeled fees, 2021 second-draw loans | $30,641.25 |
| Modeled fee per loan | $1,854.48 |
| Rank by modeled fees | Not ranked: ranks in this archive are by SBA lender name |
Named in the archive
Archive pages are matched to lenders by name, and the name Southern Bank covers two banks, so none is assigned to this bank. No court filing or source document carries the name in its title or description.
Data and method
Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30), summed over the loans whose originating-lender location IDs were matched by name, state and city to this bank in the FFIEC call-report rosters (2020 Q2 to 2021 Q4); ranks in this archive are by SBA lender name, so this page carries none. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed. The per-lender totals page has the full method.