# PPP loan: LOWER SHORE ENTERPRISES INC.
> **$504K** approved 03/20/2021 · Paid in Full · Loan `5141558608`
## Borrower
- **Name:** LOWER SHORE ENTERPRISES INC.
- **Address:** 28475 Owens Branch Rd, Salisbury, MD, 21801-1761
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 06/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $504K
- **Utilities:** $1
- **Jobs reported:** 142
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*