# PPP loan: SHERTECH PHARMACY SERVICES, INC.
> **$157K** approved 04/27/2020 · Paid in Full · Loan `5803297203`
## Borrower
- **Name:** SHERTECH PHARMACY SERVICES, INC.
- **Address:** 221 Cooper Ln. Suite A, Easley, SC, 29642-8283
- **NAICS:** 325412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $123K (78%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $9K
- **Utilities:** $1K
- **Jobs reported:** 3
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*