# PPP loan: SHEPARD ELECTRIC INC.
> **$235K** approved 04/14/2020 · Paid in Full · Loan `7344557110`
## Borrower
- **Name:** SHEPARD ELECTRIC INC.
- **Address:** 70 Hwy 85 Connector, BROOKS, GA, 30205
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $239K (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $59K
- **Jobs reported:** 17
## Lender
- **Originating:** Heritage Bank, A Division of The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*