# PPP loan: SHEPPARD BUS SERVICE, INC.
> **$3.38M** approved 04/27/2020 · Exemption 4 · Loan `3668307201`
## Borrower
- **Name:** SHEPPARD BUS SERVICE, INC.
- **Address:** 300 M Street, Millville, NJ, 08332
- **NAICS:** 485210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.38M
- **Initial approval:** $3.38M
- **Forgiven:** $3.34M (99%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 87 months
## Use of funds
- **Payroll:** $3.38M
- **Jobs reported:** 500
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*