# PPP loan: LOWER SHORE ENTERPRISES, INC.
> **$502K** approved 05/01/2020 · Paid in Full · Loan `9044327304`
## Borrower
- **Name:** LOWER SHORE ENTERPRISES, INC.
- **Address:** 28475 Owens Branch Road, Salisbury, MD, 21801
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Jobs reported:** 142
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*