# PPP loan: SHIVER SOUTHWEST LLC
> **$172K** approved 05/19/2020 · Charged Off · Loan `8848507409`
## Borrower
- **Name:** SHIVER SOUTHWEST LLC
- **Address:** 8000 PENNSYLVANIA CR NE, ALBUQUERQUE, NM, 87110-7811
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $29K (17%)
- **Forgiveness date:** 04/08/2022
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $170K
- **Mortgage interest:** $1K
- **Utilities:** $1K
- **Jobs reported:** 9
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*