Southern Mercantile Group, Inc. v. Gulf South Catalyst Services, Inc.

SAVOIE, Judge.

This is a suit under contract. Southern Mercantile Group, Inc. appeals the trial court’s denial of its suit for the balance due under a contract.

FACTS:

This is a suit filed by plaintiff, Southern Mercantile Group, Inc., on a contract seeking the balance of payment for services rendered in preparing and filing a loan package application to secure a $1,000,-000.00 Farmers Home Administration (FHA) loan guarantee for the defendant, Gulf South Catalyst Services, Inc. On May 28, 1981, Southern Mercantile and Gulf South entered into a contract in which Southern Mercantile was to…