# PPP loan: SHAK AND SONS INC
> **$170K** approved 05/01/2020 · Paid in Full · Loan `3014167709`
## Borrower
- **Name:** SHAK AND SONS INC
- **Address:** 7 W 45TH ST FL 6, NEW YORK, NY, 10036
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $30K
- **Utilities:** $7K
- **Health care:** $5K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*