# PPP loan: SHIELDS NURSING CENTERS INC
> **$1.49M** approved 04/11/2020 · Paid in Full · Loan `3160937103`
## Borrower
- **Name:** SHIELDS NURSING CENTERS INC
- **Address:** 606 ALFRED NOBEL DR, HERCULES, CA, 94547-1834
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.49M
- **Jobs reported:** 174
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*