# PPP loan: THE SHEER SHOP INC.
> **$185K** approved 04/28/2020 · Paid in Full · Loan `8599417208`
## Borrower
- **Name:** THE SHEER SHOP INC.
- **Address:** 7393 23 Mile Rd, Shleby Township, MI, 48316-4419
- **NAICS:** 442291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Mortgage interest:** $37K
- **Jobs reported:** 16
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*