# PPP loan: SHANIX INC
> **$557K** approved 03/13/2021 · Paid in Full · Loan `1887098610`
## Borrower
- **Name:** SHANIX INC
- **Address:** 40 Worthington Rd, Cranston, RI, 02920-7940
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $557K
- **Jobs reported:** 35
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*