# PPP loan: SHREMSHOCK ARCHITECTS INC
> **$1.34M** approved 02/22/2021 · Exemption 4 · Loan `3055898501`
## Borrower
- **Name:** SHREMSHOCK ARCHITECTS INC
- **Address:** 7400 W Campus Rd 7400 W Campus Rd, New Albany, OH, 43054-8722
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.15M (86%)
- **Forgiveness date:** 08/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.34M
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*