# PPP loan: SHEARER LOGISTICS, LLC
> **$486K** approved 04/08/2020 · Paid in Full · Loan `8170247006`
## Borrower
- **Name:** SHEARER LOGISTICS, LLC
- **Address:** 7045 TROY HILL DR, ELKRIDGE, MD, 21075-7036
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $486K
- **Jobs reported:** 44
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*