# PPP loan: SHELBY RIDGE ACQUISITION CORPORATION
> **$1.12M** approved 05/27/2020 · Paid in Full · Loan `3989157804`
## Borrower
- **Name:** SHELBY RIDGE ACQUISITION CORPORATION
- **Address:** 881 3RD ST NE, ALABASTER, AL, 35007-8954
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.14M (102%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 200
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*