# PPP loan: SHAW HEAVY EQUIPMENT REPAIR INC
> **$515K** approved 02/11/2021 · Paid in Full · Loan `7302328403`
## Borrower
- **Name:** SHAW HEAVY EQUIPMENT REPAIR INC
- **Address:** 404 E 4th St, Sparta, IL, 62286-1885
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $517K (100%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $515K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** The First National Bank of Ava
- **Servicing:** The First National Bank of Ava (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*