# PPP loan: SHEN-PACO INDUSTRIES, INC.
> **$304K** approved 04/29/2020 · Paid in Full · Loan `2945427305`
## Borrower
- **Name:** SHEN-PACO INDUSTRIES, INC.
- **Address:** 1032 WISSLER RD, QUICKSBURG, VA, 22847-1304
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Jobs reported:** 57
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*