# PPP loan: L & R SHERMAN, LLC
> **$465K** approved 04/14/2020 · Paid in Full · Loan `6755777106`
## Borrower
- **Name:** L & R SHERMAN, LLC
- **Address:** 53 NATIONAL BLVD, BEAUFORT, SC, 29907
- **NAICS:** 445110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 140
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*