# PPP loan: SHERMAN HEATING OILS
> **$244K** approved 04/14/2020 · Paid in Full · Loan `7491387107`
## Borrower
- **Name:** SHERMAN HEATING OILS
- **Address:** 223 MILTON ELLENDALE HWY, MILTON, DE, 19968-1554
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 20
## Lender
- **Originating:** Community Bank Delaware
- **Servicing:** Community Bank Delaware (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*