# PPP loan: SHIFT5, INC.
> **$308K** approved 04/10/2020 · Paid in Full · Loan `1241217102`
## Borrower
- **Name:** SHIFT5, INC.
- **Address:** 1100 Wilson BoulevardSuite 2100, Rosslyn, VA, 22209
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 15
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*