# PPP loan: SHEPHERD'S WAY, INC
> **$178K** approved 04/15/2020 · Paid in Full · Loan `1550447203`
## Borrower
- **Name:** SHEPHERD'S WAY, INC
- **Address:** 552 Ritchie Highway Suite I, Severna Park, MD, 21146
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $25K
- **Utilities:** $6K
- **Debt interest:** $5K
- **Jobs reported:** 26
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*