# PPP loan: SHAI-TEX, INC.
> **$178K** approved 05/22/2020 · Paid in Full · Loan `2173667807`
## Borrower
- **Name:** SHAI-TEX, INC.
- **Address:** 11550 WRIGHT RD, Lynwood, CA, 90262-3944
- **NAICS:** 313240
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 23
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*