# PPP loan: SHAMIN HOTELS INC
> **$1.22M** approved 04/11/2020 · Paid in Full · Loan `2874657110`
## Borrower
- **Name:** SHAMIN HOTELS INC
- **Address:** 2000 WARE BOTTOM SPRING RD, CHESTER, VA, 23836-4200
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.24M (102%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Jobs reported:** 101
## Lender
- **Originating:** Citizens and Farmers Bank
- **Servicing:** Citizens and Farmers Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*