# PPP loan: SHROFF INVESTMENTS INC
> **$977K** approved 02/19/2021 · Paid in Full · Loan `1494538501`
## Borrower
- **Name:** SHROFF INVESTMENTS INC
- **Address:** 9654 N Kings Hwy, Myrtle Beach, SC, 29572-4040
- **NAICS:** 721199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $977K
- **Initial approval:** $977K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $977K
- **Utilities:** $1
- **Jobs reported:** 179
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*