# PPP loan: SHADDOCK HOMES, LTD.
> **$1.25M** approved 04/09/2020 · Paid in Full · Loan `8977907004`
## Borrower
- **Name:** SHADDOCK HOMES, LTD.
- **Address:** 2400 DALLAS PKWY #460, PLANO, TX, 75093-4310
- **NAICS:** 236115
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Rent:** $71K
- **Mortgage interest:** $100K
- **Utilities:** $52K
- **Jobs reported:** 69
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*