Participate in the new round of the Paycheck Protection Program
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 27 Jan 2021
- Due
- 31 Mar 2021
- Delivered
- 31 Mar 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Company intends to participate in the new round of the PPP.”
What we found
Evidence strength A What the grades mean
South Plains Financial, Inc. participated in the Paycheck Protection Program, reporting approximately $173.5 million in PPP loans as of March 31, 2021.
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A South Plains Financial, Inc. 10-Q filed 2021-05-10
“At March 31, 2021, PPP loans totaled approximately $173.5 million” ✓ confirmed on the page
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A South Plains Financial, Inc. 8-K filed 2021-05-18
“Approximately $90 million in new Paycheck Protection Program (“PPP”) loans since January 1, 2021 (as of April 27, 2021)” ✓ confirmed on the page
Market reaction: the shares moved -0.2% against the S&P 500 over the three sessions around the disclosure (7 May 2021 to 12 May 2021). What this measures
Checked 25 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Product other
- Indicative materiality
- Low rules
- Action
- Participate
- Deliverable
- Paycheck Protection Program loans
- Language
- Aspirational (“aims”, “intends”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Customer
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-SPFI-022477 · Corrections policy