# PPP loan: SHEARER & ASSOCIATES INC
> **$458K** approved 04/16/2020 · Paid in Full · Loan `2661577204`
## Borrower
- **Name:** SHEARER & ASSOCIATES INC
- **Address:** 4960 Corporate Drive, Huntsville, AL, 35805-6215
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 27
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*