# PPP loan: SHADY RIDGE CORPORATION
> **$512K** approved 04/30/2021 · Paid in Full · Loan `5499188903`
## Borrower
- **Name:** SHADY RIDGE CORPORATION
- **Address:** 1131 Timothy Rd, Dunn, NC, 28334-7748
- **NAICS:** 111211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $512K
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** Cape Fear Farm Credit, ACA
- **Servicing:** Cape Fear Farm Credit, ACA (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*