# PPP loan: SHANGRI-LA CORP
> **$3.32M** approved 04/28/2020 · Paid in Full · Loan `1405787302`
## Borrower
- **Name:** SHANGRI-LA CORP
- **Address:** 4080 REED RD SE STE 150, SALEM, OR, 97302-1335
- **NAICS:** 623220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.32M
- **Initial approval:** $3.32M
- **Forgiven:** $3.35M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.32M
- **Jobs reported:** 222
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*