# PPP loan: SHIPMAN & WRIGHT LLP
> **$247K** approved 04/10/2020 · Paid in Full · Loan `1358517102`
## Borrower
- **Name:** SHIPMAN & WRIGHT LLP
- **Address:** 575 Military Cutoff Road Suite 106, WILMINGTON, NC, 28405-8086
- **NAICS:** 922130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 17
## Lender
- **Originating:** North State Bank
- **Servicing:** North State Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*