# PPP loan: SHANGHAI FOOD AND BEVERAGE CO
> **$245K** approved 01/21/2021 · Paid in Full · Loan `2912258302`
## Borrower
- **Name:** SHANGHAI FOOD AND BEVERAGE CO
- **Address:** 308 S Hunter St Ste 5, Aspen, CO, 81611-1855
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** ANB Bank
- **Servicing:** ANB Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*