# PPP loan: SHUFORD YARNS LLC
> **$2.15M** approved 04/08/2020 · Paid in Full · Loan `8567087004`
## Borrower
- **Name:** SHUFORD YARNS LLC
- **Address:** 1985 TATE BLVD SE Suite 754, HICKORY, NC, 28602-1430
- **NAICS:** 313110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.15M
- **Initial approval:** $2.15M
- **Forgiven:** $2.17M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Rent:** $158K
- **Utilities:** $227K
- **Health care:** $11K
- **Jobs reported:** 215
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*