# PPP loan: SHULTS INDUSTRIES INC.
> **$809K** approved 02/18/2021 · Paid in Full · Loan `1174648500`
## Borrower
- **Name:** SHULTS INDUSTRIES INC.
- **Address:** 4635 Southwest Fwy Ste 540, Houston, TX, 77027-7127
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $809K
- **Initial approval:** $783K
- **Forgiven:** $818K (101%)
- **Forgiveness date:** 05/03/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $809K
- **Jobs reported:** 57
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*