# PPP loan: SHEAR CONSTRUCTION, INC.
> **$367K** approved 04/30/2020 · Paid in Full · Loan `7570187300`
## Borrower
- **Name:** SHEAR CONSTRUCTION, INC.
- **Address:** 31 BLACKMORE DRIVE, LADERA RANCH, CA, 92694
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Jobs reported:** 19
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*