# PPP loan: SHEARLINE BOATWORKS, LLC
> **$161K** approved 04/09/2020 · Paid in Full · Loan `9423687002`
## Borrower
- **Name:** SHEARLINE BOATWORKS, LLC
- **Address:** 321 FACILITY DR, MOREHEAD CITY, NC, 28557-6322
- **NAICS:** 336612
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 16
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*